Daily Market Commentary: 15 February 2019

Today we are taking a look at:

  • Yields remain elevated, follows ZAR weakness on the back of disappointment over Eskom plans
  • The rand holds steady above 14.0000
  • Brent crude remains elevated and continues to rise as Saudi and Venezuelan output under pressure
  • The JSE and European markets retraced early gains, following a sharp decline in US retail sales, with US and Asian markets trading mostly lower
  • SA mining production slumps in December; US retail sales contracts the most since 2009; Eurozone GDP growth holds at 2%; Asian data this morning
DailyMarketCommentary190215

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By | 2020-06-22T11:07:14+02:00 February 15th, 2019|Markets and Research|0 Comments

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