Daily Market Commentary: 28 March 2017

Today we are taking a look at:

  • Interest Rate Barometer points to 73%  probability that interest rates will be left unchanged at the SARB MPC this week, market will watch for tonality signalling any rate cuts
  • USDZAR 50-cents weaker as Zuma recalls Gordhan from investor road show; Global majors remain upbeat despite marginal dollar strength
  • Top 40 closes flat, off session lows, weighed by industrials and financials; US equities closes mixed; Asian markets mostly upbeat this morning
  • Foreign flows posts a surprisingly better performance last week, due to large bond inflows
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By | 2020-03-17T09:50:02+02:00 March 28th, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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