Daily Market Commentary: 6 May 2020

Today we are taking a look at:

  • A large bull steepening bias in SAGBs yesterday with both offshore and local buying, yields sharply lower, back-end follows the trend reluctantly so given dire fiscal trajectory
  • USDZAR holds steady
  • Oil halted its five-day rally; Spot gold steadied near $1,705 an ounce
  • Global markets trade mostly higher as easing of lockdown restrictions lifts sentimentDailyMarketCommentary200506

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

By | 2020-06-10T11:36:17+02:00 May 6th, 2020|Markets and Research|0 Comments

Leave A Comment