Daily Market Commentary: 6 May 2019

Today we are taking a look at:

  • SAGB yields curve marginally steeper last week on risk off
  • Trade talks between China and the US now in doubt
  • Oil tumbled toward $60 a barrel as President Donald Trump threw trade talks between the world’s two largest economies into disarray with a threat to raise tariffs on Chinese imports, roiling global markets
  • The JSE, European and US markets closed firmer, lifted by sold US jobs numbers. Asian markets buckled after President Trump threatened to increase tariffs on Chinese goods over the weekend
  • US non-farm payrolls surge in April; Eurozone CPI beats expectations, services prices buoys headline and core
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By | 2019-05-06T09:12:12+00:00 May 6th, 2019|Markets and Research|0 Comments

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