Daily Market Commentary: 24 January 2017

Today we are taking a look at:

  • Foreign holdings of US debt declines sharply, Trump policies uncertain effect on trade balance likely to persists
  • Dollar remains on the back foot, supported global FX, USDZAR strengthen to R13.44/$ this morning, eyes on the SARB today
  • Top 40 rises 1%, led by widespread gains; US equities marginally negative; Asian markets mixed this morning
  • Eurozone confidence upbeat in January
  • Foreign flows post R3.9 bn outflow last week, led by equity market outflows
By | 2020-03-17T09:58:04+02:00 January 24th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments