Daily Market Commentary: 6 December 2016

Today we are taking a look at:

  • Italian constitutional referendum results in volatile equity market and sharp bond market sell-off, confidence levels deteriorate
  • Rand builds on gains throughout yesterday’s session, euro reverses early losses as post-referendum pressure eases, eyes on local GDP today
  • Top 40 rises 0.86%, led by industrials and financials; US equities positive, prompting Asian markets higher this morning
  • Eurozone retail sales surge, but investor confidence declines
  • Sharp outflow of R13.3 bn due to sell-off from both bonds and equities
By | 2017-03-02T20:54:08+02:00 December 6th, 2016|Markets and Research|0 Comments