Daily Market Commentary: 30 May 2019

Today we are taking a look at:

  • A decent bounce in risk in the US afternoon continues into Asia and gives EMFX a fillip; ZAR and SAGBs open up stronger
  • USDZAR posts gains on cabinet announcement
  • The oil price rose overnight as a bigger-than-forecast drop in U.S. crude stockpiles added to concerns that global supply is tightening
  • SA BER consumer confidence marginally higher in second quarter

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

By | 2020-06-22T10:51:26+02:00 May 30th, 2019|Markets and Research|0 Comments

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