Daily Market Commentary: 12 September 2019

Today we are taking a look at:

  • EM FX supported by US tariff hike delay, with ECB later today SAGBs may remain range-bound ahead of the meeting
  • Market focus on the outcome of the ECB today, Gold declined after President Donald Trump said he will delay the next tariff increase on Chinese goods
  • Oil prices jumped on Thursday, bouncing back from heavy losses in the previous session
  • Sentiment that a trade deal between the U.S and China is imminent buoyed equity markets
  • SA business confidence declines sharply in Q3 amid policy uncertaintyDailyMarketCommentary190912
By | 2019-09-12T10:55:14+02:00 September 12th, 2019|Markets and Research|0 Comments

Leave A Comment