Daily Market Commentary: 23 January 2020

Today we are taking a look at:

  • SAGBs lag the move in ZAR, as EM FX trades well overall, risk trades mildly on the back foot this morning
  • USDZAR posts steady gains
  • Oil prices fell to their lowest in seven weeks; Gold prices held steady on Thursday
  • Global equity markets remained cautious amid the coronavirus outbreak, with investors switching focus to the first European Central Bank meeting for the year
  • SA CPI rises in December as a result of higher transport and fuel costsDailyMarketCommentary200123

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

By | 2020-06-10T14:17:06+02:00 January 23rd, 2020|Markets and Research|0 Comments

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