Daily Market Commentary: 19 January 2017

Today we are taking a look at:

  • SA inflations surprises sharply to the upside on higher seasonal and recreational goods and services costs
  • Rand fails to push below R13.45, trade cautious, dollar bias a little stronger post Yellen’s comments
  • Top 40 marginally higher yesterday, US equities mixed ahead of Trump inauguration, Asian markets similarly mixed this morning
  • SA retail sales growth sharply higher in November; Eurozone and German inflation rise; UK unemployment rate steady, wage gains upbeat; US inflation above 2% and industrial production data upbeat, Beige Book reflects higher price pressures and tighter labour market
By | 2020-03-17T09:58:11+02:00 January 19th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments