Daily Market Commentary: 19 August 2019

Today we are taking a look at:

  • Yield curve remains steep on fiscal risks despite marginal decline on Friday, risk assets trade better this morning
  • The rand holds steady
  • Crude oil prices rose following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease
  • Story of the day was Sasol losing 4.73% on the day after announcing a delay in its  financial results due to the Lake Charles Project
  • US housing starts contract, consumer confidence falls to a 7-month lowDailyMarketCommentary190819

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

By | 2020-06-22T10:41:00+02:00 August 19th, 2019|Markets and Research|0 Comments

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