Daily Market Commentary: 7 February 2020

Today we are taking a look at:

  • Risk continues to rally and this feeds through into SA but SAGBs pare back earlier gains as a result of local SOE woes
  • All eyes on the U.S data today
  • Oil pared its fifth straight weekly loss on optimism that OPEC+ will deepen output
  • We expect profit taking across our equity markets into the weekend as the coronavirus takes centre stage again
  • SACCI business confidence remains downbeat, with electricity shortages worsening the outlookDailyMarketCommentary200207
By | 2020-02-17T13:31:38+02:00 February 7th, 2020|Markets and Research|0 Comments

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