Daily Market Commentary: 17 August 2018

Today we are taking a look at:

  • Front-end bond yields rally sharply, ignoring FX weakness
  • Local factors weigh on the rand, euro and majors largely range-bound ahead of China-US trade talks
  • Both gold and oil prices remain downbeat amid strong dollar
  • Global markets turn positive as solid earnings reports and news of upcoming trade talks between China and the US lift market sentiment
  • US housing data improves recently; Eurozone trade surplus narrows, UK retail sales upbeat

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

By | 2020-06-22T11:40:11+02:00 August 17th, 2018|Markets and Research|0 Comments

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