Daily Market Commentary: 29 January 2020

Today we are taking a look at:

  • Risk on gives EMFX a fillip as Coronavirus fears subside, and SAGBs open in line
  • The rand recovers on Moody’s hope
  • Oil extended its recovery as a report showing a drop in U.S. crude inventories and speculation OPEC+ will step in to prop up prices reassured investors
  • China futures are 1.9% higher (still -4.7% on the week); this should see our market follow global markets higher today

DailyMarketCommentary200129

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

By | 2020-06-10T14:15:16+02:00 January 29th, 2020|Markets and Research|0 Comments

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