Daily Market Commentary: 19 March 2020

Today we are taking a look at:

  • Markets now await the SARB MPC
  • Oil rebounded after plunging to the lowest level in 18 years; Gold headed for the lowest close in three months as the dollar soared to a record
  • Equity markets lost ground with investors shrugging off stimulus by central banks as COVID-19 continues to spread, forcing global shutdowns
  • SA CPI ticked up to 4.6% y/y in February; SA retail sales growth rebounded to 1.2% y/y in JanuaryDailyMarketCommentary200319

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By | 2020-06-10T11:49:59+02:00 March 19th, 2020|Markets and Research|0 Comments

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