Daily Market Commentary Flash Note – 15 January 2021
The JSE and European markets close higher, lifted by tech stocks and hopes of a large US stimulus package.
The JSE and European markets close higher, lifted by tech stocks and hopes of a large US stimulus package.
Rand holds steady as COVID-19-related measures continue to weigh on the economy.
Global markets trade mixed as investors await details of US President-elect Joe Biden’s stimulus package later this week.
Yields marginally higher across the curve, in line with a weaker ZAR as risk-off dampens sentiment towards EM assets.
We start the week off with risk-off sentiment dominating in Asia, and SAGB yields likely to drift higher as a result.
Please note that our last publication for the year will be released on 17 December 2020. We will resume again on 04 January 2021. We would [...]