Daily Market Commentary: 13 March 2019

Today we are taking a look at:

  • SAGBs takes the cue from EM FX, open weaker this morning on the back of risk-off
  • Brexit vote rejected, EM and commodity-based currencies weaken overnight
  • Crude rose for a third day after an industry report showed an unexpected drop in U.S. stockpiles. API data show U.S. crude inventories declined 2.58 million barrels last week.
  • Global markets experienced choppy trading as concerns of Brexit came to the forefront
  • US CPI declines in February, UK industrial production slumps

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

By | 2020-06-22T11:03:40+02:00 March 13th, 2019|Markets and Research|0 Comments

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