Daily Market Commentary: 3 October 2019

Today we are taking a look at:

  • SAGB holds a flattening bias as yields decline in the belly and back end of the curve
  • Dollar trades weaker across the board
  • Oil held near the lowest level in almost two months as inventories expanded the most since May and disappointing U.S. economic data added to pessimism over the demand outlook
  • Concerns of the global economic outlook weighed equity markets as various economic data releases supported a global slowdown
  • US ADP employment disappoints in SeptemberDailyMarketCommentary191003

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

By | 2020-06-22T10:34:08+02:00 October 3rd, 2019|Markets and Research|0 Comments

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