Daily Market Commentary: 23 November 2018

Today we are taking a look at:

  • SAGB yields supported by risk sentiment, SARB rate hike
  • USDZAR gains as a result of a confluence of factors: SARB rate hike as well as dollar weakness, risk sentiment; Majors upbeat
  • Gold range-bound, oil sharply lower, again
  • The JSE and European markets continue lower as Brexit and slowing global economic growth weigh on sentiment. The US and Japanese markets are closed, and the rest of Asia is trading mixed, with light volumes across the region
  • SARB hike interest rate by 25bps in line with our forecast
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By | 2020-06-22T11:18:07+02:00 November 23rd, 2018|Markets and Research|0 Comments

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