Daily Market Commentary: 17 February 2017

Today we are taking a look at:

  • EM and SA credit markets not pricing in fundamental and political risks locally, SA bonds rally across the curve
  • Rand faltered yesterday to push back above R13.00/$ but remains on a positive footing, euro holds steady ahead of a long weekend in the US this weekend
  • Top 40 closes +0.16%, US markets take a breather trading largely flat, Asia weaker this morning
  • US housing data mixed with building activity rising, jobless claims continue to reflect upbeat labour market
By | 2020-03-17T09:56:53+02:00 February 17th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments