Daily Market Commentary: 17 January 2017

Today we are taking a look at:

  • SA bond yields post sharp rally, however momentum likely to slow in the near term
  • Dollar weakness propelled by weaker euro, global majors mixed; USDZAR strengthens overnight, markets await Theresa May’s speech today
  • Top 40 rises 0.58%, led by industrials; US market closed for a public holiday; Asian equities negative this morning
  • Eurozone trade surplus widens as exports rise; Japanese industrial production upbeat in November
  • SA posts large weekly outflows last week amid weak start to the year
By | 2020-03-17T09:58:12+02:00 January 17th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments