Daily Market Commentary: 10 March 2017

Today we are taking a look at:

  • ECB leaves interest rates unchanged, Draghi mildly hawkish, raises GDP and inflation forecasts, but stresses underlying prices pressures remain benign
  • Rand frail amid strong dollar on Fed hike expectations, euro supported by Draghi’s speech, eyes on NFP today, likely dollar supportive
  • Top 40 lower on weaker resources, US markets end positive boosted by energy, Asia positive as strong dollar boosts exporters
  • Chinese M2 money supply growth slows as aggregate financing and loan extension declines
By | 2020-03-17T09:50:20+02:00 March 10th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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