Daily Market Commentary: 16 January 2017

Today we are taking a look at:

  • Commodity markets brace for mixed reactions – gold gains likely to be capped by strong dollar, while LMEX and platinum may be boosted by US fiscal stimulus
  • Rand range bound, sterling hurt on Brexit concerns over weekend, eyes on British PM speech tomorrow
  • Top 40 up 0.76%, led by retailers; US equities mixed ahead of the public holiday; Asian markets negative this morning
  • US retail sales disappoint, PPI rises; Chinese trade surplus narrows as exports slump; Japanese PPI deflation eases
By | 2020-03-17T09:58:14+02:00 January 16th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments