Daily Market Commentary: 24 February 2017

Today we are taking a look at:

  • SA PPI sharply lower in January to high base effect, food inflation eases, prompting lower input costs
  • Rand strengthens as market digests budget, softer dollar aids majors stronger on the day
  • Top 40 closes marginally up on a results heavy day, US markets lacklustre leading Asia weaker this morning
  • US data marginally softer than expected, dollar weakens on Mnuchin comments
By | 2020-03-17T09:56:47+02:00 February 24th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments