Daily Market Commentary: 17 November 2016

Today we are taking a look at:

  • SA consumer remains shackled by falling disposable income growth, rising prices and tighter credit conditions, retail sales trend growth subdued as a result
  • USDZAR weaken to R14.28/$; Dollar remains resilient, weighing on global majors this morning
  • Top 40 rises 1.17%, led by financials and industrials; US equities mostly negative, led by financials; Asian markets downbeat this morning
  • UK unemployment rate falls; US data disappoints, industrial production growth subdued
By | 2020-03-17T10:03:35+02:00 November 17th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments