Today we are taking a look at:

  • SAGB yield curve flattens sharply as the SARB MPC was less dovish than market expectations, front end yields rise
  • SARB cuts by 50BPS
  • Oil retreated from the highest level in more than two months
  • US-China tensions ratchet up, seeing risk-off trade across global equity markets into the long weekend for some regionsDailyMarketCommentary200522

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