Daily Market Commentary: 23 August 2018

Today we are taking a look at:

  • Yields decline as risk-off sentiment fatigued, locally, markets calmed by President Ramaphosa’s comments on land reform
  • Trade war concerns continue to dictate moves in the FX market
  • Oil price extend gains from previous session as US stockpiles fall; Gold marginally lower this morning
  • The JSE posted handsome gains while global markets were cautious ahead of the release of the FOMC minutes.
  • SA CPI sharply higher in July as a result of electricity and transport costs
DailyMarketCommentary180823

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By | 2020-06-22T11:39:41+02:00 August 23rd, 2018|Markets and Research|0 Comments

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