Daily Market Commentary: 20 March 2019

Today we are taking a look at:

  • ‘Risk-off’ as market remains concerned over Brexit and awaits Fed, SAGB yields higher
  • Market focus now on the FOMC, USDZAR continues to lose ground as a result of local Eskom woes
  • Oil’s rally stuttered after China is said to be pushing back against American demands in trade negotiations, stoking concerns over growth that underpins energy demand
  • The JSE posted modest gains, automakers buoy European markets, while the US and Asia markets trade modestly lower on trade talk concerns, with investors taking a cautious stance ahead of the US Federal Reserve’s policy meeting
DailyMarketCommentary190320
By | 2019-03-20T08:57:41+00:00 March 20th, 2019|Markets and Research|0 Comments

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