Today we are taking a look at:

  • SAGBs open stronger this morning, yields lower across the curve, however risk-off likely to persist
  • Local focus on state capture commission, FX markets remain vulnerable to further risk-off
  • Gold recovers somewhat as the dollar weakened; oil remains downbeat
  • Global markets trade mostly firmer, but European markets end lower, weighed by renewed emerging market currency jitters
  • US consumer confidence falls but leading indicator upbeat
DailyMarketCommentary180820

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