Daily Market Commentary: 24 April 2019

Today we are taking a look at:

  • SAGB curve steepens after local bond auction, yields higher, following ZAR move
  • The USD firmly on the front foot across the board
  • Oil pulled back from a six-month high, as an industry report signalling a gain in U.S. crude inventories partly offset concerns over America’s campaign to halt Iranian exports
  • S&P500 & Nasdaq at record highs; Strong Corporate earnings driving markets; Asian markets lower on US Dollars jitters
  • SARB leading index surprisingly higher in February
DailyMarketCommentary190424

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By | 2020-06-22T10:57:36+02:00 April 24th, 2019|Markets and Research|0 Comments

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