Daily Market Commentary: 6 August 2019

Today we are taking a look at:

  • Risk asset recover marginally after yesterday’s sell-off, the super-sized SAGB auction later this morning will test appetite
  • USDZAR recovers from its worst levels
  • Oil reversed a decline as China’s central bank set the yuan fixing stronger than expected, calming investors after the U.S. escalated the trade war by labelling the Asian nation a currency manipulator
  • Global markets in free fall as the US-China trade war intensifiesDailyMarketCommentary190806

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

By | 2020-06-22T10:42:44+02:00 August 6th, 2019|Markets and Research|0 Comments

Leave A Comment