Daily Market Commentary: 20 January 2017

Today we are taking a look at:

  • Interest rate barometer points to no move in local interest rates this month
  • Rand stronger in overnight session after testing R13.67/$, euro seesaws amid ECB, flat on the day, dollar slips amid fresh Fed commentary and US inauguration today
  • JSE closes flat, US lower for 5th consecutive session ahead of US inauguration day, caution sees Asia mixed
  • SA consumer confidence deteriorates in Q4/16; Eurozone current account surplus widens, ECB leaves rates unchanged; US housing market upbeat, business conditions improve; Chinese GDP in line with forecasts but slowest since 1990
By | 2020-03-17T09:58:08+02:00 January 20th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments