Daily Market Commentary: 27 November 2019

Today we are taking a look at:

  • SAGB yields marginally higher as foreign selling is somewhat offset by local buying
  • Focus today will be on the fed’s beige book
  • Oil declined for the first time in three days as an industry report showing an increase in American crude stockpiles offset optimism that a limited U.S.-China trade deal is getting closer
  • SA closed down 1.2% but was skewed to MSCI rebalancing; expect some relief, especially in the beaten-up SA Inc. names, with possible profit-taking across precious metal namesDailyMarketCommentary191127
By | 2019-11-27T10:42:18+02:00 November 27th, 2019|Markets and Research|0 Comments

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