Daily Market Commentary: 20 September 2019

Today we are taking a look at:

  • SAGB curve flattens as long-end yields decline on SARB hold
  • USDZAR trades weaker after MPC
  • The threat of war in the Middle East is pushing oil prices higher again; Gold headed for its first weekly advance in four as economic headwinds and monetary easing stayed in focus
  • The JSE ends marginally lower, while global markets trade mostly firmer with banking stocks outperforming after the US Fed lowered expectations of further interest rate cuts
  • US leading index unchanged in August; BOE uncertain over path of policy rates; SARB keeps rates unchanged; Japanese inflation slumpsDailyMarketCommentary190919

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

By | 2020-06-22T10:35:01+02:00 September 20th, 2019|Markets and Research|0 Comments

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