Daily Market Commentary: 31 May 2018

Today we are taking a look at:

  • Global risk-off persists in light of uncertainty in Italy, SA bond yields higher on the day
  • The FX market focuses on US nonfarm payrolls data tomorrow
  • Gold price marginally higher, Brent price surges on the back of reports that OPEC will maintain production cuts
  • Emerging markets remained under pressure while European and American stocks rallied as the fear that Italy would leave the European Union eased
  • US private sector payrolls surprises to the upside in May, US GDP estimate eases

If you are looking for more relevant market commentary, have a look at our other Markets and Research.

By | 2020-06-22T11:52:19+02:00 May 31st, 2018|Markets and Research|0 Comments

Leave A Comment