Daily Market Commentary: 14 October 2019

Today we are taking a look at:

  • SAGB yields buck the stronger ZAR trend, yields higher across the curve on Friday
  • USDZAR consolidates gains sub 15.0000
  • Oil dropped after surging the most in almost a month on Friday on signs investors are sceptical that progress in the U.S.-China trade talks will improve a worsening global demand outlook
  • All rooms are sea facing as a potential signed trade deal as early as next month fuels optimism across global markets
  • US consumer confidence rises as incomes surge; Chinese trade data reflects weakened domestic and global demandDailyMarketCommentary191014

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By | 2020-06-22T10:15:57+02:00 October 14th, 2019|Markets and Research|0 Comments

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