Daily Market Commentary: 5 July 2019

Today we are taking a look at:

·       Continued bull flattening of the SAGB yield curve as search for yield persists

·       USDZAR breaks below R14.00/$ temporarily, all eyes on the US data today

·       Oil is set for the biggest weekly decline since May as global demand concerns outweighed an OPEC+ pact to extend supply curbs into 2020 and worries that a renewed confrontation with Iran may threaten supplies

·       SA Business confidence rises marginally in June; Eurozone retail sales growth eases

DailyMarketCommentary190705 5 July

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

By | 2020-06-22T10:47:47+02:00 July 5th, 2019|Markets and Research|0 Comments

Leave A Comment