Daily Market Commentary: 13 September 2019

Today we are taking a look at:

  • Bull curve flattener after a dovish ECB yesterday
  • ECB stimulus programme surprises the market, and US-China trade progress revives risk appetite
  • Oil is set for its biggest weekly loss in nearly two months as the IEA warned of a looming supply glut, while OPEC and its allies urged members to maintain, rather than deepen, output cuts. Futures edged lower; down 2.7% for the week.
  • The Top40 rallied with global markets on trade talk optimism while Naspers rallied 2.23% and Prosus retreated 2.88%
  • SA mining output surprises to the upside, rises in JulyDailyMarketCommentary190913

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By | 2020-06-22T10:35:35+02:00 September 13th, 2019|Markets and Research|0 Comments

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