Daily Market Commentary: 6 September 2019

Today we are taking a look at:

Range bound day in SAGBs despite the weaker currency
All eyes on the US data this afternoon
Oil is heading for the biggest weekly advance since mid-July as stockpiles shrunk more than forecast, gold held the biggest decline since November 2016
Global markets continue to look for positives in a very flat economic backdrop. Look for some consolidation into the weekend
SA current account deteriorates as imports rise in Q2; US ADP payrolls sharply higher in August

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