Daily Market Commentary: 23 August 2019

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

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

By | 2020-06-22T10:40:13+02:00 August 23rd, 2019|Markets and Research|0 Comments

Leave A Comment