Daily Market Commentary: 20 September 2018

Today we are taking a look at:

  • SAGBs rally after lower CPI print; MPC this afternoon is the focus, FRA market pricing in 20% chance of a hike
  • USDZAR supported by dollar weakness, markets await SARB interest rate decision today; global majors range-bound
  • Weaker dollar props up commodity prices
  • Trade concerns were pushed aside, and positive investor sentiment led to gains in global markets
  • SA CPI surprises to the downside in August as petrol inflation eases; UK CPI accelerates in August; US housing starts upbeat
DailyMarketCommentary180920

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By | 2020-06-22T11:29:16+02:00 September 20th, 2018|Markets and Research|0 Comments

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