Daily Market Commentary: 11 March 2020

Today we are taking a look at:

  • SAGBs recover in line with the USDZAR, with yields marginally lower across the curve, auction clears strongly but market focus remains on the macro outlook and central bank responses
  • Local markets remain vulnerable as Eskom falters
  • Oil prices climbed for a second day lifted by hopes that U.S. producers will cut output
  • It’s a busy day on the earnings front. We are likely to be higher at the start, but whether we will see any conviction behind the move is another questionDailyMarketCommentary200311

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By | 2020-06-10T11:50:43+02:00 March 11th, 2020|Markets and Research|0 Comments

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