Daily Market Commentary: 5 February 2020

Today we are taking a look at:

  • Risk-on rally spurred by Chinese stimulus causes SAGBs to rally marginally, and sharp ZAR strength
  • USDZAR holds steady despite Eskom
  • Oil recovered from a one-year low to trade above $50 a barrel; gold and silver were steady
  • Global markets are shaking off their coronavirus fears despite the number of deaths nearing 500; Asia is playing catch-up overnightDailyMarketCommentary200205
By | 2020-02-17T13:30:40+02:00 February 5th, 2020|Markets and Research|0 Comments

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