Daily Market Commentary: 24 July 2019

·       SAGB yields rise after special appropriation and greater funding requirement announcement

·       Global focus now shifts to the ECB meeting tomorrow

·       Oil rose for a fourth day after a report showed a hefty drop in inventories

·       All rooms are sea facing as global markets shrug off the lower GDP forecasts from the IMF and bet on lower US interest rates and an end to the US/China trade dispute

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