Daily Market Commentary: 6 June 2019

Today we are taking a look at:

  • SAGB yield curve continues to bear steepen as the long-end struggles amid fiscal woes
  • The rand continues to weaken in spectacular fashion
  • Oil held a loss, after slumping 3.4% and entering a bear market on Wednesday, as ballooning U.S. inventories raised fears of a supply glut at the same time as demand is drying up
  • Global markets traded higher as focus shifted from the trade wars to a potential Federal Reserve rate cut

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

By | 2020-06-22T10:50:53+02:00 June 6th, 2019|Markets and Research|0 Comments

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