Daily Market Commentary: 11 October 2018

Today we are taking a look at:

  • National Treasury announces another switch auction, mixed reaction, SAGBs bear steepening
  • VBS joins the list of failed local institutions
  • Oil headed for the biggest two-day drop since July as a rout in stocks spread to commodity markets
  • Weakness in global equity markets continued on concerns that higher US interest rates could weigh on corporate earnings
  • SACCI Business confidence improves marginally in September, UK manufacturing output improves but trade balance deteriorates

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

By | 2020-06-22T11:25:20+02:00 October 11th, 2018|Markets and Research|0 Comments

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