Today we are taking a look at:
- SAGBs takes its cue from a stronger ZAR, long-end yields decline modestly as market ignores Eskom woes
- USDZAR trades steadily firmer
- C slumped below $53 a barrel after inventories rose from the highest level in almost two years and as the U.S. and China remained at loggerheads over trade
- Foreign flow in SA remains concentrated in Naspers, whilst locals look to switch within sectors on a relative basis; Market is starting to feel tired, but all eyes remain on global trade wars
- SA manufacturing output rises in April as manufacturers start to rebuild depleted inventories; Chinese inflation rises due to food costs
If you are looking for more relevant market commentary, have a look at our other Markets and Research.
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