Daily Market Commentary: 23 May 2019

Today we are taking a look at:

  • SAGB yields edge lower after downside CPI surprise, markets watch SARB MPC today
  • Markets continue to await the cabinet announcement
  • Oil extended losses after a surprise jump in American crude inventories alleviated concerns over a supply crunch, while the demand outlook remained bleak as there was no let up in U.S.-China tensions
  • Amid the US-China trade war, equity markets remain subdued ahead of the release of the FOMC minutes
  • SA CPI surprises to the downside; UK CPI rises in April; Fed FOMC minutes reiterate patience

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

By | 2020-06-22T10:53:24+02:00 May 23rd, 2019|Markets and Research|0 Comments

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