Daily Market Commentary: 1 March 2019

Today we are taking a look at:

  • Bonds weaken in line with the currency
  • The rand breaks above 14.0000
  • Oil was poised to eke out a third weekly gain after Saudi Arabia defied Trump’s call for lower prices, and a drop in inventories signalled supplies are tightening
  • The JSE, European and US markets end mostly lower as Brexit, geopolitical concerns and uncertainty over US-China trade talks weigh on sentiment
  • SA trade and budget balances post disappointing deficits in January; US GDP growth beats expectations

If you are looking for more relevant market commentary, have a look at our other Markets and Research.

By | 2020-06-22T11:05:32+02:00 March 1st, 2019|Markets and Research|0 Comments

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