Daily Market Commentary: 31 October 2018

Today we are taking a look at:

  • Yields higher as risk off hampers bonds
  • The rand remains range-bound, majors weaken on dollar strength
  • Brent sharply lower due to weaker demand prospects and rising supplies; Gold price slightly lower
  • The JSE and European markets end lower. US markets end the session sharply higher, shrugging off trade war concerns, with Asian markets trading mostly higher, taking their cue from a strong US close
  • SA unemployment rate rises further in Q3; Budget posts positive surprise; Eurozone GDP disappoints
DailyMarketCommentary181031
By | 2018-10-31T09:12:41+00:00 October 31st, 2018|Markets and Research|0 Comments

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