Daily Market Commentary: 11 January 2017

Today we are taking a look at:

  • Global majors likely to maintain weak bias for most of 2017 on the back of strong support for the dollar and geopolitical event risk
  • Dollar strengthens, global majors marginally weaker this morning; USDZAR slips yesterday, weakens to R13.77/$ this morning
  • Top 40 surges 1.61%, led by widespread gains; US equities succumb to profit-taking; Asian markets mostly positive this morning
  • US data mixed, with rising inventories as easing sales, job openings higher
By | 2020-03-17T09:58:21+02:00 January 11th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments