Daily Market Commentary: 21 November 2016

Today we are looking at:

  • Global majors continue on weakening trend, sterling bucks the trend, stabilising over the past month
  • Dollar index remains elevated, global majors weak as a result, yen sharply weaker due to disappointing trade balance; USDZAR strengthens on Friday but gave back some gains this morning
  • JSE mixed on thinner volume, US markets closed marginally lower, Asia upbeat this morning
  • US leading indicator continues to rise; Eurozone current account surplus narrows sharply; Japanese trade data subdued as exports and imports slump
By | 2020-03-17T10:03:34+02:00 November 21st, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments