Daily Market Commentary: 9 September 2019

Today we are taking a look at:

  • Subdued session on Friday with yields marginally higher in the long-end portion of the curve, but Chinese stimulus could support risk assets today
  • US data disappoints, rand holds steady
  • Oil extended gains after Saudi ousted its long-time energy minister before an OPEC+ that monitors compliance with output cuts meets this week in Abu Dhabi
  • The JSE and global markets trade higher as trade optimism, China’s stimulus and the possibility of the Fed and the ECB easing monetary policy boost sentiment
  • US payrolls below consensus, wage growth eases; Japanese GDP growth eases in Q2DailyMarketCommentary190909
By | 2019-09-09T10:24:47+02:00 September 9th, 2019|Markets and Research|0 Comments

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