Daily Market Commentary: 1 March 2017

Today we are taking a look at:

  • SA trade data reflects normalisation of activity levels and restocking after seasonal December slowdown, imports and deficit surges as a result
  • Dollar rallies sharply after Trump speech despite a lack of details, global majors and EM FX lose ground, USDZAR close to R13.15/$ this morning
  • Top 40 slumps 0.75%, led by resources and industrials; US equities marginally lower; Asian markets bucks the trend, upbeat this morning
  • US GDP estimate unchanged in Q4, consumer keeps economic activity levels upbeat
By | 2020-03-17T09:56:42+02:00 March 1st, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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