Daily Market Commentary: 24 October 2018

Today we are taking a look at:

  • SAGB curve continues to flatten after previous day’s back-end flows
  • All eyes on the MTBPS
  • Supply concerns ease, resulting in a sharp decline in the Brent price to $78/bbl.; Gold sharply higher amid safe-haven buying
  • The JSE, and European and US markets closed sharply lower, with disappointing company results and global economic concerns weighing on markets
  • SARB leading index fell further in August, driven by broad-based decline

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

By | 2020-06-22T11:22:35+02:00 October 24th, 2018|Markets and Research|0 Comments

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