Daily Market Commentary: 8 November 2019

Today we are taking a look at:

  • SAGBs rally after China announces that it has agreed with the US to rollback tariffs
  • Eskom continues to struggle with supply constraints
  • Oil pared a weekly gain as investors weighed signs of progress in the prolonged U.S.-China trade war that’s undermined global crude demand
  • Global equity markets bounce back on better-than-expected China trade data, but investors remain cautious on trade talks into the weekend

SA business confidence remains low in October; Manufacturing sector experiences fourth consecutive decline; BOE keeps interest rate unchangedDailyMarketCommentary191108

By | 2019-11-08T09:18:45+02:00 November 8th, 2019|Markets and Research|0 Comments

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