Daily Market Commentary: 12 February 2019

Today we are taking a look at:

SAGB yields sharply higher on the back of ZAR move, domestic factors lending weakness to local markets
The Rand under pressure as Eskom falters
Gold flat with demand capped by gains in the dollar, which is up a ninth day for its best run since Jan
Trade talks likely to dictate market direction this week
UK GDP growth disappoints in Q4

DailyMarketCommentary190212

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By Nedbank CIB| 2020-06-22T11:07:37+02:00 February 12th, 2019|Markets and Research|1 Comment

One Comment

Innocent Mupfururirwa February 12, 2019 at 2:50 pm - Reply

I have noted low confidence as one of the remarks and low investment, but the causes seem to pick the faltering of eskom. Does it not lead to one falsely claim that the SA economy is hinged on one institution, or there are no alternatives to Eskom products to serve the nation.

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