Daily Market Commentary: 4 July 2018

Today we are taking a look at:

  • SAGB yields decline, following rand strength, as risk-off eases and EM FX supported by China comments that it will support the yuan
  • Liquidity on the day likely limited
  • Gold price marginally higher intraday, Brent price range bound – markets watching Saudi crude exports and US stockpiles, Libyan output still under pressure
  • The JSE and European markets close firmer.  Tech stocks weigh on US and Japanese markets
  • Eurozone retail sales growth eases in May
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By | 2020-06-22T11:47:45+02:00 July 4th, 2018|Markets and Research|0 Comments

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