Daily Market Commentary: 12 December 2019

Today we are taking a look at:

  • The Fed gives risk a bid with USD weakness in particular and ZAR strengthens, SAGBs open a touch stronger and drag yields down to greenshoe levels
  • Focus to be on UK elections
  • Oil prices edged higher with the market mood switching to relief as OPEC forecast a supply deficit next year
  • Global equity markets post marginal gains
  • SA CPI eases in November, retail activity remains downbeat; US CPI rises unexpectedly, FOMC pauses in current cycleDailyMarketCommentary191212

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

By | 2020-06-10T14:22:38+02:00 December 12th, 2019|Markets and Research|0 Comments

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