Daily Market Commentary: 13 September 2018

Today we are taking a look at:

  • SAGBs continue to be supported by local buying momentum, yields fall for a second day
  • USDZAR breaks below R15.00/$ as a result of dollar weakness, majors supported
  • Oil prices were lower reversing some of the strong gains from the previous session; Gold upbeat as the dollar eases
  • Traders remain cautious as uncertainty surrounding renewed trade talks takes centre stage
  • SA business confidence falls further in August, retail sales disappoints; Eurozone industrial production posts surprise contraction; US PPI eases, Beige Book signals concern over labour shortage
DailyMarketCommentary180913

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By | 2020-06-22T11:29:39+02:00 September 13th, 2018|Markets and Research|0 Comments

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