Daily Market Commentary: 11 June 2018

Today we are taking a look at:

  • Bond yields were dragged higher on Friday by the much weaker currency, with the benchmark R186 yield trading at its highest level since mid-December
  • The rand remains at the mercy of global factors
  • Oil held losses near $65 after the number of rigs drilling for crude in the U.S. inched higher and Russia boosted production
  • Rand hedges saw gains but the broader market declined 0.29%

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

By | 2020-06-22T11:49:34+02:00 June 11th, 2018|Markets and Research|0 Comments

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