Daily Market Commentary: 25 October 2016

Today we are taking a look at:

  • Chinese yuan continues to slide with CNH at record low, reserves utilisation continues but pace slows
  • Dollar upbeat, resulting in global majors weaker over the day; USDZAR marginally stronger this morning
  • Bond inflows pause, awaiting MTBPS this week, run rate for YTD appears dismal relative to same period last year
  • Top 40 marginally positive on the back of financial and industrial stocks; US equities upbeat on continued M&A newsflow, Asia mostly positive this morning
By | 2020-03-17T10:04:21+02:00 October 25th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments