Daily Market Commentary: 2 April 2019

Today we are taking a look at:

  • Risk traded well gave SA rates outperformance yesterday, and brought us down to and eventually through the big 8.50 level on R186s
  • The rand posts a robust performance
  • Oil prices rose to fresh highs for the year after a U.S. official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations.
  • Global equity markets rally on PMI data
  • SA manufacturing PMI slumps further in March; US retail sales disappoints; Global PMIs tick higher in March following loose monetary policy response
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By | 2019-04-02T07:59:10+00:00 April 2nd, 2019|Markets and Research|0 Comments

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