Daily Market Commentary: 18 January 2017

Today we are taking a look at:

  • UK Brexit plans tabled, article 50 to be invoked in March, sterling sharply stronger after May’s speech
  • Rand trades firmer, global developments focussed on British PM’s speech, sees sterling stronger and dollar slides
  • Top 40 slides 0.62%, Wall Street closes lower after long weekend, Asia mixed after a weak start
  • IMF maintains global growth forecast, stresses risks to the downside; UK inflation surges; Eurozone sentiment indicators rise; SA mining production growth slumps in November
By | 2017-03-02T20:53:54+02:00 January 18th, 2017|Mining and Resources|0 Comments