Daily Market Commentary: 17 March 2020

Today we are taking a look at:

  • Global risk assets under significant pressure, SAGB yields surge by more than 80bps on the day, massive offshore liquidations
  • Rand under pressure ahead of MPC
  • Gold declined as investors rush to raise cash to cover losses in other markets amid a surge in volatility across assets
  • Equity markets plunge as COVID-19 fears escalate
  • The SA BER consumer confidence index fell to -9 points in 1Q20, from -7 in 4Q19DailyMarketCommentary200317
By | 2020-03-17T10:00:26+02:00 March 17th, 2020|Markets and Research|0 Comments

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