Daily Market Commentary: 18 October 2018

Today we are taking a look at:

  • Yields continue to decline across the SAGB curve
  • Hawkish Fed minutes temper rand gains, global majors remain weak
  • Brent crude price remains volatile, falling to $80/bbl.; gold remains elevated
  • Global markets experienced choppy trading as investors reacted to mixed US earnings and the release of the Federal Reserve‚Äôs minutes of the September FOMC meeting
  • SA retail sales posts upside surprise in August; Eurozone CPI rises while UK CPI eases in September; US FOMC minutes
DailyMarketCommentary181018

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By | 2020-06-22T11:23:01+02:00 October 18th, 2018|Markets and Research|0 Comments

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