Daily Market Commentary: 24 July 2018

Today we are taking a look at:

  • Risk-off results in higher local bond yields, marginal outflows seen on the day
  • USDZAR holds steady, majors downbeat amid a resurgence of dollar strength
  • Stronger dollar weighs on gold and oil this morning
  • Global equity markets fluctuate exhibiting lack of direction, markets closed with moderate losses
  • Foreign outflows persist, due to the equity market, YTD we remain downbeat

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

By | 2020-06-22T11:43:24+02:00 July 24th, 2018|Markets and Research|0 Comments

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