Daily Market Commentary: 26 October 2018

Today we are taking a look at:

  • SAGB yields sharply higher after MTBPS, persistent weakness through the course of the day
  • Rand remains on the back foot
  • Brent remains range-bound, below the $80/bbl. level; Gold remains elevated
  • The JSE, European and US markets end their trading session firmer, but Asian markets opened Friday’s session lower, following disappointing results from Alphabet and Amazon.com
  • SA PPI eases on the back of transport inflation; US durable goods orders disappoint, ECB keeps rates unchanged in a hawkish statement
By | 2018-10-26T10:27:24+00:00 October 26th, 2018|Markets and Research|0 Comments

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