Daily Market Commentary: 25 January 2019

Today we are taking a look at:

  • Sharp rally in SAGBs and the Rand, again driven by offshore flows despite Eskom concerns
  • The Rand continues to post modest gains
  • Oil rose for a third day as a deepening crisis in Venezuela that threatens to complicate OPEC’s task of balancing world oil supplies outweighed a surprise jump in U.S. crude inventories
  • Global markets traded higher, with investors staying away from riskier assets
  • SA consumer confidence remains subdued; ECB dovish, cites downside risks to growth


By | 2019-01-25T09:19:13+02:00 January 25th, 2019|Markets and Research|0 Comments

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