Daily Market Commentary: 1 November 2019

Today we are taking a look at:

  • SAGB yields continued to rise following disappointing MTBPS, markets watch Moody’s tonight, we expect at least an outlook change to ‘negative’, from the current ‘stable’
  • All eyes on US Data and Moody’s
  • Oil headed for its biggest weekly loss in a month; Gold is heading for a third straight week of gains
  • The JSE outperforms global peers, with the safe-haven gold sector outperforming
  • SA PPI eases in Sep, trade balance surprises to the upside; Eurozone GDP growth posts positive surprise in Q3, but CPI eases; US personal income and spending growth shows that the US consumer may come under strain, PCE deflator fallsDailyMarketCommentary191101 (3)
By | 2019-11-01T09:03:06+02:00 November 1st, 2019|Markets and Research|0 Comments

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