Daily Market Commentary: 3 March 2017

Today we are taking a look at:

  • Fed guides market expectations higher, Fed funds futures and OIS market react violently recently, raising the probability of a March rate hike
  • Rand continued to slip, pausing in Asian session currently R13.16/$, stronger dollar hurts majors and EM FX alike
  • Top 40 index +0.36% amid some positive results, US markets slump over 0.5% leading Asia weaker this morning
  • Eurozone inflation metrics rise on higher energy and commodity prices; Japanese data marginally firmer, but household spending remains weak in January
DailyMarketCommentary170303
By | 2020-03-17T09:50:28+02:00 March 3rd, 2017|Investment Banking, Markets and Research, Uncategorized|0 Comments

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