Daily Market Commentary: 18 June 2018

Today we are taking a look at:

  • Bonds yet again closed the week on the back foot, largely due to further currency weakness; The key data prints for the market this week would be local CPI for May and the current account balance for Q1:18
  • Global trade wars weigh on emerging markets
  • Oil fell near $64 a barrel as Saudi Arabia and Russia prepared for a clash with allied crude producers over whether to lift output and as China and the U.S. exchanged threats over trade
  • The JSE tracked global markets lower as trade war concerns weigh across the globe

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

By | 2020-06-22T11:49:01+02:00 June 18th, 2018|Markets and Research|0 Comments

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