Daily Market Commentary: 18 May 2020

Today we are taking a look at:

  • SAGB yield curve continues its steepening bias as SARB expected to cut repo rate this week and long-end yields remain elevated as a result of fiscal woes
  • Focus this week on the MPC
  • Oil rose above $30 a barrel for the first time in two months; Gold rose to the highest in more than seven years
  • US and European futures advance along with Asian equities, calling our market +1.2%, led by our resource countersDailyMarketCommentary200518

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

By | 2020-06-10T11:34:18+02:00 May 18th, 2020|Markets and Research|0 Comments

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