Daily Market Commentary: 8 August 2018

Today we are taking a look at:

  • SAGBs rally, following ZAR strength, risk trades marginally better
  • USDZAR gains on the back of a weaker dollar, global majors upbeat; local markets focus on Eskom wage negotiations
  • Dollar eases, raising gold price, Brent rallies as Iranian sanctions take effect
  • The JSE, European and US markets all end firmer, with Asian markets trading mixed
  • SA manufacturing production growth stalls in June, which will likely weigh on Q2 growth; Asian data this morning disappoints

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

By | 2020-06-22T11:42:04+02:00 August 8th, 2018|Markets and Research|0 Comments

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