Daily Market Commentary: 21 August 2019

Today we are taking a look at:

  • SAGBs tread water all day but close reasonably strongly with risk
  • Market focus shifts to the FOMC tonight
  • Brent rose above $60 a barrel amid data that showed a larger-than-expected draw down in U.S. crude inventories, but ongoing worries about a global economic recession capped gains
  • SA leading index falls for the second consecutive month as low confidence, job losses weigh on future growth prospectsDailyMarketCommentary190821

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

By | 2020-06-22T10:40:39+02:00 August 21st, 2019|Markets and Research|0 Comments

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