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

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