Daily Market Commentary: 8 October 2018

• SAGB yields higher due to broad risk-off, expect this to persist due to growing political risk
• USDZAR and EM FX weaken, rising local political risk likely to keep rand on the back foot
• Gold sharply lower on expectations for further Fed hikes; Brent eases as Iranian supply disruptions may be mitigated
• The All Share index started its trading day in negative territory on Friday with Naspers dragging the index down with global indices trading lower
• US nonfarm payrolls disappoint, but unemployment fallsDailyMarketCommentary181008
  

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