Daily Market Commentary: 8 April 2019

Today we are taking a look at:

  • Quiet session for SAGBs on Friday, but good liquidity post the NFP data release, yields marginally lower
  • ZAR trades with a firmer bias ahead of payrolls report; thereafter giving back most gains as a result of upbeat employment
  • Oil extended gains after capping its best week in almost two months as an escalation of fighting in Libya overshadowed the biggest drop in U.S. active rigs since May
  • Asian markets took a more cautious approach with the Nikkei trading lower on a stronger Yen as trade talks between the US and China remain quite promising
  • US labour market shows significant gains in March as labour market continues to tighten
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By | 2019-04-08T09:06:34+00:00 April 8th, 2019|Markets and Research|0 Comments

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