Daily Market Commentary: 15 November 2018

Today we are taking a look at:

  • The market loved EMFX after the US CPI print, but in fact, SAGBs had already rallied most of the session on broad-based buying
  • The dollar loses ground as the Fed suggests caution around further rate hikes
  • Brent remains below $66/bbl. as concerns over falling demand weigh on the market; Gold rises in the Asian session as the dollar weakens
  • Equity markets remained under pressure with investors once again questioning global economic growth
  • SA retail sales disappoint; US CPI rise; Eurozone GDP growth remains lacklustre in Q3, weighed by Germany


By | 2018-11-15T09:34:56+02:00 November 15th, 2018|Markets and Research|0 Comments

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