Daily Market Commentary: 29 November 2018

Today we are taking a look at:

  • Front-end yields reprices higher as market tones down expectations for a switch auction
  • FX markets await FOMC minutes; Dollar sharply weaker after Powell speech; majors and EM FX upbeat
  • Brent continues to struggle amid a supply glut; Gold sharply lower on strong dollar
  • Global markets traded cautiously ahead of the Federal Reserve’s chair addressing the Economic Club of New York
  • SA Consumer confidence falls further in Q3; US GDP growth remains unchanged, Japanese retail sales recovers

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By | 2018-11-29T09:34:25+00:00 November 29th, 2018|Markets and Research|0 Comments

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