Daily Market Commentary: 23 July 2018

Today we are taking a look at:

SA rates fails to react to a weaker USD and rand strength

Local FX market remains at the mercy of headlines, the rand and majors marginally firmer against a weak dollar this morning

Gold and oil rally as the dollar weakens

Asian markets are trading mixed this morning as investors brace themselves for an avalanche of earnings this week from the likes of Google, Facebook and Amazon to mention a few

The Eurozone current account surplus narrowed sharply in May as trade balance eases

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By | 2020-06-22T11:44:37+02:00 July 23rd, 2018|Markets and Research|0 Comments

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