Daily Market Commentary: 6 March 2020

Today we are taking a look at:

  • Risk off persists on the back of concerns of the impact of the coronavirus on global growth, SAGB yields sharply higher across the curve as a result
  • Covid-19 puts the rand on the back foot
  • Oil extended its slide from the lowest close in more than two years; Gold is heading for the biggest weekly gain since 2016
  • Global markets retrace Wednesday’s gains on continued coronavirus concerns
  • The current account deficit narrowed to 1.3% of GDP in Q4; The SACCI business confidence index (BCI) rose to 92.7 index points in FebruaryDailyMarketCommentary200306

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By | 2020-06-10T14:04:20+02:00 March 6th, 2020|Markets and Research|0 Comments

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