Daily Market Commentary: 26 August 2019

Today we are taking a look at:

  • SAGBs gap weaker on the open as trade rhetoric ratchets up, with R26bn of coupon paying this week, we could see some demand into the weakness.
  • Global trade war weighs on the rand
  • Oil fell for a fourth day, set for the longest run of declines in more than five weeks, after the latest escalation in the trade war blindsided investors and worsened an already-shaky global demand outlook
  • The JSE and global markets close lower on renewed trade war concerns after China imposed retaliatory tariffs on US goodsDailyMarketCommentary190826
By | 2019-08-26T13:10:54+02:00 August 26th, 2019|Finance, General, Markets and Research|0 Comments

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