Daily Market Commentary: 16 February 2017

Today we are taking a look at:

  • SA CPI remains elevated but eases in January, retail sales growth disappoints in December, consumer spending remains subdued
  • US dollar volatile, weakens sharply overnight; supporting global majors and EM FX, USDZAR breaks below R13.00/$
  • Top 40 ends the day flat after trending lower; US equities rise for the 7th consecutive session; Asian markets mostly stronger this morning
  • US data mixed, inflation surges in January; UK unemployment unchanged, Eurozone trade surplus rises on the back of higher exports
By | 2020-03-17T09:56:55+02:00 February 16th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments