Daily Market Commentary: 15 February 2017

Today we are taking a look at:

  • SA unemployment rate eases in 4Q16, participation rate rises, more people are employed and a greater proportion of the workforce have at least a matric certificate
  • Dollar surges after hawkish Yellen testimony; Global majors weaker, EM currencies and the rand remain on strengthening trend
  • Top 40 slumps 1.1%, led by widespread losses; US equities marginally positive after hawkish Yellen testimony, Asia follows upbeat this morning
  • UK, US and German inflation firmer; German GDP growth upbeat, Eurozone reflects a similar trend; Chinese money supply growth unchanged in January
By | 2020-03-17T09:56:56+02:00 February 15th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments