Daily Market Commentary: 22 October 2018

Today we are taking a look at:

  • SAGBs opening slightly better bid than we left on Friday night after a quiet session, and local eyes now focus on the MTBPS on Wednesday
  • USDZAR range-bound, moderate recovery this morning, markets eye MTBPS; Dollar marginally weaker, supporting majors
  • Gold remains elevated; Brent remains close to $80/bbl. as supply concerns eased
  • Asian markets are strong this morning as Chinese authorities seek to calm investors about the effects of the trade war vowing to support the private sector
By | 2018-10-22T08:30:38+00:00 October 22nd, 2018|Markets and Research|0 Comments

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