Daily Market Commentary: 7 July 2018

Today we are taking a look at:

  • Some curve steepening seen yesterday as the front-end was bid while the back end remained anchored
  • All focus now shifts to the U.S data this afternoon
  • Oil headed for its biggest weekly decline in a month after a government report showed a surprise increase in U.S. inventories and Saudi Arabia added more supplies last month
  • The JSE ends lower, while European and U.S markets trade firmer on easing tariffs between the EU and the US. Asian markets are mixed
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By | 2020-06-22T11:45:41+02:00 July 6th, 2018|Markets and Research|0 Comments

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