Daily Market Commentary: 30 August 2019

Today we are taking a look at:

· Yields marginally higher, mixed sentiment ahead of trade and budget data today

· USDZAR holds steady into month-end

· Oil took a breather on Friday after three days of solid gains, but was set for its strongest week since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks emerged

· The JSE and global markets trade firmer on hopes of an imminent resolution to the US-China trade dispute

· SA PPI slumps in July; US GDP estimate revised lower

By | 2019-08-30T09:20:46+02:00 August 30th, 2019|Markets and Research|0 Comments

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