Daily Market Commentary: 23 March 2020

Today we are taking a look at:

  • Coronavirus death toll prompts sharp sell-off in bonds and equities, SAGB yields continue to climb, SARB begins intraday repo purchases
  • Local markets await the president’s address today
  • Oil dropped toward the lowest level since 2003; Gold dropped again as investors buckled in for yet another volatile week of trading
  • US futures hit limit down; expect risk-off across the globe as the US fails to pass a USD2tn aid packageDailyMarketCommentary200323
By | 2020-03-23T09:37:12+02:00 March 23rd, 2020|Markets and Research|0 Comments

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