Daily Market Commentary: 21 October 2016

Today we are taking a look at:

  • S&P 500 earnings season begins on a positive note, supports index over the past week
  • Rand holds below R14.00/$ in light activity, majors see euro weakness and dollar strength post ECB
  • Top 40 down 0.16% in quiet trading session, US markets closed lower, Asia mixed this morning
  • ECB maintains status quo but hints at QE extension beyond March, US data mixed with a higher leading index and jobless claims
By | 2020-03-17T10:04:24+02:00 October 21st, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments