Today we are taking a look at:

  • SA bond yields continue to rally despite stretched valuation, yields follow stronger FX trend
  • Dollar trades weaker across currency markets, as FED speakers hint at a halt on rate hikes
  • Oil headed for its biggest weekly gain in more than two years, Gold headed for fourth weekly gain
  • The All Share index saw a weaker start to eventually close flat with investors choosing to “buy the rumour and sell the fact” when it came to the FOMC minutes
  • SA economic data disappoints, manufacturing industry shows a slowdown in sales, business confidence subdued

DailyMarketCommentary190111

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