Daily Market Commentary: 16 October 2019

Today we are taking a look at:

  • Another lacklustre day in SA rates yesterday as the action remains in FX, yields marginally higher after the weekly auction
  • Emerging markets retreat as the USD recovers
  • Crude edged up in Asian trading as investors pinned hopes on a potential Brexit deal between Britain and the European Union

Strong US earnings and a potential Brexit deal drove global equities higher. Fresh tensions between the US and China about Hong Kong may keep any further upside at bay in the short term.DailyMarketCommentary191016

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

By | 2020-06-22T10:15:41+02:00 October 16th, 2019|Markets and Research|0 Comments

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