Daily Market Commentary: 25 July 2019

Today we are taking a look at:

·       SAGBs a touch weaker with a steepening bias, yields rise after fiscal woes make headlines

·       USDZAR holds steady

·       Oil held its biggest loss in a week as signs that growth is slowing in major economies overshadowed the longest run of declines in since the start of 2018

·       Equity markets shrugged off the positive sentiment overnight towards the upcoming US trade delegation to China as poor global economic data and company earnings weighed on sentiment

·       SA CPI remains unchanged in June as higher food and utilities prices offset lower transport inflation

DailyMarketCommentary190725

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By | 2020-06-22T10:44:45+02:00 July 25th, 2019|Markets and Research|0 Comments

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