Daily Market Commentary: 31 October 2019

Today we are taking a look at:

  • SAGB yields sharply higher across the curve as a result of the MTBPS disappointment
  • MTBPS disappoints and the rand pays the price
  • Oil rose after a pipeline that feeds the key U.S. storage hub of Cushing was shut due to a spill, gold higher after Fed decision
  • Equity markets rally as the Fed cuts interest rates
  • SA MTBPS shows a significant deterioration in SA’s debt and deficit metrics; US Fed cuts rates, on data-watch until next moveDailyMarketCommentary191031
By | 2019-10-31T09:10:20+02:00 October 31st, 2019|Markets and Research|0 Comments

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