Daily Market Commentary: 22 August 2019

Today we are taking a look at:

  • SAGB yields sharply lower yesterday as SA CPI surprises to the downside
  • The rand holds steady
  • Oil prices edged higher after a draw down in U.S. crude inventories, but lingering concerns over the global economy and a build-up in U.S. refined product stocks kept a lid on gains
  • Global equity markets rebounded as global growth concerns eased
  • SA CPI sharply lower in July; FOMC minutes show a still cautious Fed, keeping its options open

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

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

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