Daily Market Commentary: 24 March 2017

Today we are taking a look at:

  • ECB receives €233.5bn worth of bids for final TLTRO, ECB balance sheet approaches same scale as Fed, ECB policy tightening expectations start to build, Euro remains overbought but approaches resistance
  • Rand tests R12.50/$, euro runs into resistance as dollar perks up intraday
  • Top 40 closes marginally lower, US markets down for 6th session, Asia mixed this morning
  • UK retail sales rebound off low base in preceding months, US jobless claims rise in contrast to other labour market data, new home sales upbeat
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By | 2020-03-17T09:50:05+02:00 March 24th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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