Daily Market Commentary: 30 July 2018

Today we are taking a look at:

  • SAGBs continue to rally, tracking the rand stronger, risk assets end the week fairly upbeat
  • USDZAR stronger despite a resilient dollar, FX markets brace for an eventful week ahead
  • Gold and oil range-bound through the course of the day, following dollar trend, Brent marginally lower this morning as rig activity rises
  • The JSE continued higher of Friday, with European markets ending firmer, as US tariff tensions eased.  Disappointing results from the tech sector weighed on US markets/ Asian markets track the US lower
  • US GDP growth rises in Q2 in advance print, but surprises to the downside relative to consensus; Japanese retail sales growth improvesDailyMarketCommentary180730

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

By | 2020-06-22T11:42:53+02:00 July 30th, 2018|Markets and Research|0 Comments

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