Daily Market Commentary: 18 November 2016

Today we are taking a look at:

  • US CPI rises closer towards the 2% level, housing recovery remains on track as low inventory level keeps prices elevated
  • Rand weakens along with other EM FX and majors as dollar strengthens during US session
  • Top 40 rises 1.33%, led by widespread gains; US equities positive as S&P closes near an all-time high; Asian markets follow upbeat this morning
  • UK retail sales surges on the back of cold weather; Eurozone CPI marginally higher
By | 2017-03-02T20:54:10+02:00 November 18th, 2016|Markets and Research|0 Comments