Daily Market Commentary: 26 September 2018

Today we are taking a look at:

  • Yields marginally higher on the back of geopolitical tensions
  • FX markets watching comments from the UN meeting closely, threats by President Trump have weighed on the dollar
  • Brent still elevated as OPEC refuses to make up for sanctioned Iranian oil supplies, gold marginally higher yesterday
  • The JSE ends Tuesday’s session weaker. Brent crude trades at a four-year high, boosting oil stocks globally. US markets trade cautiously ahead of the Fed’s decision on interest rates later today
  • SARB leading index falls, quarterly bulletin reflects deteriorating household disposable income growth; US data upbeat, driven by consumer confidence

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

 

By | 2020-06-22T11:28:58+02:00 September 26th, 2018|Markets and Research|0 Comments

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