Daily Market Commentary: 8 June 2018

Today we are taking a look at:

  • Local bonds yields continue to rise on the back of foreign selling, tracking rand weakness
  • Rand stumbles as it breaks the 13.0000 handle
  • Gold price remains range-bound, Brent rises further this morning as OPEC seems stuck in a supply dilemma
  • The JSE closed firmer, while European, US and Asian markets trade lower, with energy stocks outperforming on higher oil prices
  • SA manufacturing output disappoints, Asian data this morning mixed
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By | 2020-06-22T11:51:34+02:00 June 8th, 2018|Markets and Research|0 Comments

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