Daily Market Commentary: 22 January 2020

Today we are taking a look at:

  • SAGBs trade well, supported by offshore demand for yield, yields marginally lower across the curve as a result
  • Global focus on the spread of the coronavirus
  • Oil fell on notions supply remains sufficient; Gold was steady in Asia
  • Naspers’ placing of 22m Prosus shares after market will likely dominate the local headlines; Flows should be muted as we enter the Chinese Lunar New Year holiday period
  • SARB leading index rises in November, driven by temporary rise in confidenceDailyMarketCommentary200122

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

By | 2020-06-10T14:17:16+02:00 January 22nd, 2020|Markets and Research|0 Comments

Leave A Comment