Daily Market Commentary: 31 January 2020

Today we are taking a look at:

  • Risk trading better after WHO calms the nerves on Coronavirus. ZAR recovers from a R14.85/$ high, with SAGBs opening unchanged after a choppy trading day yesterday
  • Eskom falters again
  • Oil jumped after the World Health Organization said there’s no need for travel and trade bans
  • Gold and platinum stocks boost the JSE, while the US and Asia turn positive after WHO declares the coronavirus outbreak a global health emergency
  • SA budget data disappoints in December; BOE turns mildly dovish; US advance growth data for Q4 rises above consensusDailyMarketCommentary200131

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

By | 2020-06-10T14:14:09+02:00 January 31st, 2020|Markets and Research|0 Comments

Leave A Comment