Daily Market Commentary: 19 October 2016

Today we are taking a look at:

  • CPI in both the US and UK rises in September, inflation expectations are higher, real rates fall further into accommodative territory as a result
  • Rand trends stronger throughout session yesterday, political risks remain on the horizon, majors range bound ahead of ECB meeting tomorrow
  • Top 40 rises 0.66%, led by industrials and financials; US equities positive on the back of upbeat earnings reports; Asian markets follow positive this morning
  • Chinese GDP growth unchanged in Q3, growth buoyed by residential and infrastructural growth
By | 2017-03-02T20:54:25+02:00 October 19th, 2016|Markets and Research|0 Comments