Daily Market Commentary: 24 August 2018

Today we are taking a look at:

  • Land continues to dominate the local picture, in one form or another, and the street feels long USD and received rates
  • Safe haven demand continues as interest in risky assets diminishes, focus on Jackson Hole this afternoon
  • Gold downbeat; Brent crude remains elevated as US stockpiles are run down
  • The JSE ended Thursday’s session marginally firmer, while global markets turned lower on renewed trade war concerns
  • Eurozone consumer confidence declines in August; Japanese CPI rises marginally in July
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By | 2020-06-22T11:39:33+02:00 August 24th, 2018|Markets and Research|0 Comments

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