Today we are taking a look at:

  • Risk assets trade better, SA yield curve flattens on promises to reduce expenditure and debt
  • Global focus shifts to Jackson Hole
  • Oil headed for its first back-to-back weekly gain since June on signs the U.S. and China could be edging closer to a trade deal and as a growing list of central banks start easing policy to shore up growth
  • The JSE and European markets close lower. US markets end the session mixed, and Asian markets trade higher. All eyes will be on Jerome Powell’s speech later today
  • US leading index recovers in July; Japanese inflationary pressures still subduedDailyMarketCommentary190823

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