Daily Market Commentary: 1 February 2017

Today we are taking a look at:

  • SA trade balance moves back into a surplus as imports collapse, exports supported
  • Rand flat on the day despite intraday volatility, weaker dollar on Trump comments supports majors, eyes on FOMC decision today
  • Top 40 reverses early losses to close marginally higher, US markets negative with Asia mixed this morning
  • SA credit extension muted, German GDP surprises to the upside, Eurozone inflation higher on energy costs, Eurozone unemployment improves in aggregate, UK credit extension trends weaker
By | 2020-03-17T09:57:53+02:00 February 1st, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments