Daily Market Commentary: 24 November 2016

Today we are taking a look at:

  • SA CPI rises above expectations, food and transport are the key drivers of inflation
  • Rand weakens after initial strength, regains composure overnight, dollar stronger, eyes on MPC today
  • Top 40 sells off into close, moving negative, US markets higher ahead of Thanksgiving, Asia mixed this morning
  • US data mixed, FOMC statement reveals case for a rate hike has strengthened
By | 2020-03-17T10:03:29+02:00 November 24th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments