Daily Market Commentary: 2 October 2018

Today we are taking a look at:

  • Local SAGB yields rise, new quarter inflows fails to materialise
  • USDZAR weakens overnight, due to strong dollar; global majors weaker
  • Gold and oil rally despite a strong USD, pointing to some safe-haven demand
  • Texton Property Fund declined 5.28% on the day after posting a very disappointing set of results showing a 13.1% decrease in dividend per share.
  • Global PMI continue lower, weighed by trade uncertainty and weakening demand
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By | 2020-06-22T11:26:09+02:00 October 2nd, 2018|Markets and Research|0 Comments

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