Daily Market Commentary: 8 August 2019

  • Talk about an IMF bail-out causes much volatility, SAGB curve remains steep
  • USDZAR stages modest recovery to trade back below 15.0000
  • Oil rebounded on a report that Saudi Arabia had contacted other oil producers to discuss possible ways to stem the recent decline in prices
  • Global markets traded higher as bargain hunters came into the market place
  • SA Business confidence falls as a result of policy uncertainty, weak demand; Asian trade data this morning
By | 2019-08-08T10:07:43+02:00 August 8th, 2019|Markets and Research|0 Comments

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