Daily Market Commentary: 5 October 2018

Today we are taking a look at:

  • Markets weaker again this morning as the fall out from higher US rates continues to hit EMFX.
  • SAGBs had weakened up to these opening levels last night in what was a very poor close
  • Rand firmly on the back foot as the dollar strengthens
  • Gold eases on the back of strong dollar, Brent eases but still elevated amid supply concerns
  • The JSE and global markets buckle under pressure from rising bond yields
  • US factory orders surge, driven by capital goods orders

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

By | 2020-06-22T11:25:49+02:00 October 5th, 2018|Markets and Research|0 Comments

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