Daily Market Commentary: 12 December 2016

Today we are taking a look at:

  • SARB Quarterly Bulletin shows sharply higher current account deficit, subdued real economic activity, and rising debt levels in Q3
  • Dollar index remains elevated, global majors subdued as a result; USDZAR weaken to R13.83/$ this morning
  • Top 40 rises 0.75%, led by industrials; US markets gain on bullish sentiment; Asian markets mixed this morning
  • UK trade deficit narrows sharply in October, boosted by exports; US trade sales rises, rundown of inventories; Japanese PPI remains in deflation
By | 2020-03-17T10:03:14+02:00 December 12th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments