Daily Market Commentary: 31 January 2019

Today we are taking a look at:

  • SAGB yields rallies sharply on the back of dovish Fed, in line with ZAR rally
  • Fed provides relief for emerging markets
  • WTI held gains near the highest level in more than two months on signs of progress in the OPEC+ coalition’s production cuts. Spot gold traded flat
  • Global markets traded higher on upbeat earnings and positive sentiment around trade talks between the US and China
  • Fed turns dovish; SA budget posts surplus in December; Japanese industrial production contracts in December
By | 2019-01-31T09:30:09+00:00 January 31st, 2019|Markets and Research|0 Comments

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