Daily Market Commentary: 14 November 2016

Today we are taking a look at:

  • Global bond market rout intensifies, US 30 year yield sharply higher, markets price in inflationary pressure and aggressive rate hikes over the medium term
  • USDZAR continue weakening trend, currently at R14.36/$; USD surges, global majors downbeat as a result
  • Top 40 slumps 2.28%, led by industrials stocks; US equities mixed due to political uncertainty; Asian markets similarly mixed this morning
  • German inflation rises; Chinese money supply growth upbeat; industrial and retail sales disappoint; Japanese GDP growth slows in Q3
By | 2020-03-17T10:04:09+02:00 November 14th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments