Daily Market Commentary: 2 March 2017

Today we are taking a look at:

  • Global manufacturing conditions firm up in February, barring the UK; SA PMI reflect some optimism for local manufacturing sector
  • Stronger dollar weighs on global majors, rand bucks the track, back at R13.00/$ this morning
  • Top 40 rises 1.24%, led by financials; US equities surge and closes close to record highs; Asian markets mostly positive this morning
  • US consumer spending eases, PCE close to 2% target, Beige Book reflects upbeat economic conditions; UK money supply and consumer credit positive; SA vehicle sales remain weak in February
By | 2020-03-17T09:50:31+02:00 March 2nd, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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