Daily Market Commentary: 1 April 2019

Today we are taking a look at:

  • Offshore quarter end inflows result in SAGB yields sharply lower on the day
  • USDZAR recovers after Moody’s review
  • Oil extended gains on signs China is stabilizing, and as investors hope for a breakthrough in U.S.-China trade talks that will resume this week
  • Asian markets are seeing gains this morning as global equity markets saw their best quarter since 2010 as major central banks moved to support risk assets; Chinese PMI data out this morning also helped ease concerns around a global growth slowdown
  • SA budget and trade balances surprise to the upside in February; US PCE declines; personal income and spending recovers
DailyMarketCommentary190401

 

By | 2019-04-01T11:36:47+00:00 April 1st, 2019|Markets and Research|0 Comments

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