Daily Market Commentary: 10 July 2018

Today we are taking a look at:

  • SAGB’s bid for most of the day until TRY news reports that Central Bank rules may be changed, weakening the TRY and EM FX
  • Offshore headlines stifle positive rand momentum, dollar marginally stronger this morning
  • Gold rises as a result of weaker dollar, Oil price upbeat as countries start to close taps on Iranian crude
  • Global equity markets post gains in a subdued trading day
  • Chinese inflation rises as food and energy costs are higher
  • Foreign outflows slows recently, but declines nonetheless in recent weeks
DailyMarketCommentary180710

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By | 2020-06-22T11:45:29+02:00 July 10th, 2018|Markets and Research|0 Comments

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