Daily Market Commentary: 20 May 2020

Today we are taking a look at:

  • Auction clears well with decent demand, however SAGB yields higher in the afternoon amid potential offshore selling
  • Markets cautious ahead of SARB MPC meeting
  • Oil steadied after a four-day gain
  • Asian markets are mixed after the late sell off in the US showed investors caution in the hopes for a quick fix vaccine
  • Manufacturing production contracted by 2.1% y/y in FebruaryDailyMarketCommentary200520

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By | 2020-06-10T11:34:00+02:00 May 20th, 2020|Markets and Research|0 Comments

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