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

If you are looking for more relevant market commentary, have a look at our other Markets and Research.

By | 2020-06-22T10:08:46+02:00 November 27th, 2019|Markets and Research|0 Comments

Leave A Comment