Daily Market Commentary: 13 January 2017

Today we are taking a look at:

  • SA manufacturing production growth beats expectations, but PMI reflects still subdued conditions in the manufacturing sector
  • Rand firms amid soft dollar in early session, dollar stabilised in US session, GBP hurt by ‘hard Brexit’ fears
  • Top 40 ends flat, weighed by Naspers; US equities led lower by financials; Asian markets upbeat this morning
  • US budget deficit narrows; Eurozone industrial production surges while German GDP rises; Chinese M2 money supply growth eases
By | 2020-03-17T09:58:16+02:00 January 13th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments