Daily Market Commentary: 10 February 2017

Today we are taking a look at:

  • SA manufacturing production contracts sharply in December, weighed by food, mining production continues to contract but fares better than expectations in December
  • Rand range bound after lacklustre SONA, euro falters on $1.07/€ resistance, global focus remains fixated on Trump actions
  • Top 40 closes 0.20% higher, US markets close at record highs again, Asia tracking US markets higher
  • Chinese trade surplus widens in January; US wholesale sales and inventories upbeat; SONA emphasises radical economic transformation
By | 2020-03-17T09:57:01+02:00 February 10th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments