Daily Market Commentary: 23 September 2016

Today we are taking a look at:

  • SA’s SARB keeps interest rates unchanged, downwardly revises CPI forecast on the back of rand, petrol price; GDP growth forecast revised higher
  • USDZAR marginally weaker on the back of dollar buying; dollar supported, global majors weaker overnight
  • JSE closes 2.3% higher, US markets extend gains for 3rd consecutive session, Asian markets take a breather this morning

US data disappoints apart from jobless claims; Eurozone consumer confidence sees marginal improvement in September

By | 2020-03-17T10:05:15+02:00 September 23rd, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments