Daily Market Commentary: 19 February 2020

Today we are taking a look at:

  • ZAR trades stronger overnight, but SAGBs open unchanged after yields rose marginally yesterday
  • SARB sees room for further cuts later in the year
  • Oil held steady after U.S. sanctions on Russia’s largest producer; Gold traded near the highest level since 2013 on concerns over coronavirus
  • Global markets rebound as fears subside over the impact of the coronavirus on global demand; SA focus will be on earnings from BID, SGL and TRUDailyMarketCommentary200219

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

By | 2020-06-10T14:07:34+02:00 February 19th, 2020|Markets and Research|0 Comments

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