Daily Market Commentary: 5 July 2019

Today we are taking a look at:

·       Continued bull flattening of the SAGB yield curve as search for yield persists

·       USDZAR breaks below R14.00/$ temporarily, all eyes on the US data today

·       Oil is set for the biggest weekly decline since May as global demand concerns outweighed an OPEC+ pact to extend supply curbs into 2020 and worries that a renewed confrontation with Iran may threaten supplies

·       SA Business confidence rises marginally in June; Eurozone retail sales growth eases

DailyMarketCommentary190705 5 July

By | 2019-07-10T09:28:07+02:00 July 5th, 2019|Markets and Research|0 Comments

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