Daily Market Commentary: 8 March 2019

Today we are taking a look at:

  • SAGBs trade with considerable resilience, but comes under pressure in late evening risk-off which saw the ZAR detail sharply
  • All eyes on US data to be released this afternoon
  • Oil failed to sustain near-term rally as the dollar strengthened and concerns about global demand continue to weigh on the price
  • The JSE and global markets trade lower on global economic growth concerns
  • SA Current account deficit narrows in 4Q18; ECB revises growth and inflation estimate lower, provides monetary accommodation; Asian data this morning disappoints
DailyMarketCommentary190308
By | 2019-03-08T09:29:42+00:00 March 8th, 2019|Markets and Research|0 Comments

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