Daily Market Commentary – 27 June

Today we are taking a look at:

  • SA yield curve flattens marginally, risk assets upbeat ahead of G20
  • Quieter session as USD gains slowly erode
  • Oil retreated from a five-week high as concern over the trade war came back to the fore after President Donald Trump warned he might impose substantial additional tariffs on Chinese imports
  • Dovish comments by Jerome Powell and disappointing US data on Tuesday evening kept global markets subdued on Wednesday
  • US durable goods orders decline; Japanese retail sales rises ahead of tax hike

 

DailyMarketCommentary190627
By | 2019-06-27T08:25:36+00:00 June 27th, 2019|Markets and Research|0 Comments

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