Daily Market Commentary: 7 November 2019

Today we are taking a look at:

  • US Treasuries rallied Wednesday, while the curve flattened following a strong 10Y auction which traded 1.1bp through the WI level
  • Eskom headlines halt rand gains
  • Oil held losses after snapping a three-day rally on signs of a stumble in the U.S-China trade dispute and indications the biggest OPEC+ producers aren’t seeking deeper output cuts
  • Global equity markets continued to grind higher as positive quarterly earnings outweighed global trade concerns
  • Eurozone retail sales rise in SeptemberDailyMarketCommentary191107
By | 2019-11-07T09:07:30+02:00 November 7th, 2019|Markets and Research|0 Comments

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