Daily Market Commentary: 15 August 2019

Today we are taking a look at:

  • Risk sentiment bounced slightly in Asia this morning as concern over a US recession prompts expectations for QE, SA yield curve marginally steeper yesterday
  • The rand remains on the back foot and vulnerable
  • Oil extended its decline as a second surprise gain in U.S. crude stockpiles added to deepening concerns about the outlook for global demand
  • Concerns of an economic slowdown weigh on equity markets
  • SA retail sales surprises to the upside in JuneDailyMarketCommentary190815
By | 2019-08-15T09:07:18+02:00 August 15th, 2019|Markets and Research|0 Comments

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