Daily Market Commentary: 22 February 2017

Today we are taking a look at:

  • Global inflation rate rises as energy costs surge; real rates accommodative; breakeven rates stabilise
  • Rand traded weaker as caution re-emerges amid focus on today’s Budget, euro slips and majors focus on FOMC minutes today
  • Top 40 rises 0.11%, led by resource stocks; US equities touched new record highs on broad-based gains; Asian markets mixed this morning,
  • SA leading indicator rises in December; UK budget balance moves into surplus
By | 2020-03-17T09:56:52+02:00 February 22nd, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments