Daily Market Commentary: 4 February 2019

Today we are taking a look at:

  • SAGB yields a tad higher as risk on fades slightly, local issues likely to dominate headlines
  • Mining Indaba kicks off in Cape Town
  • Oil held gains near a two-month high after data showed U.S. production growth slowing
  • Global markets trade mostly higher, buoyed by better-than-expected US jobs data; Markets in mainland China and Taiwan are closed for the week, for Lunar New Year celebrations
  • US NFP sharply higher in January, unemployment rises; SA PMI eases below 50 points, Eurozone CPI falls further away from ECB target
DailyMarketCommentary190204

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By | 2020-06-22T11:09:33+02:00 February 4th, 2019|Markets and Research|0 Comments

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