Daily Market Commentary: 1 June 2018

Today we are taking a look at:

  • SA bond yields continue to rise on the back of a global risk-off, trade war concerns reignited means that yields likely to remain on the back foot in the near term
  • FX Markets trade erratically as caution prevails, markets watch US labour market data today
  • Gold prices decline overnight, Oil holds steady but remains elevated
  • The JSE bucks the trend, ending well in positive territory, while renewed trade war concerns weigh on Europe, the US and Asia
  • US personal income and spending growth higher, but core PCE remains unchanged; Eurozone inflation surges, unemployment rate drops; SA trade surplus disappoints while PPI rises
DailyMarketCommentary180601

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By | 2020-06-22T11:52:10+02:00 June 1st, 2018|Markets and Research|0 Comments

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