Daily Market Commentary: 3 December 2019

Today we are taking a look at:

  • SAGBs open stronger this morning, in line with the ZAR, markets will watch Q3 GDP data this morning
  • USDZAR breaches sub-14.6000
  • Oil held gains as OPEC crude output dropped before the group and its allies meet this week to set the path for future production cuts
  • Weak PMI data across the globe drag equity markets lower
  • SA manufacturing PMI disappoints in NovemberDailyMarketCommentary191203

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

By | 2020-06-10T14:23:28+02:00 December 3rd, 2019|Markets and Research|0 Comments

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