Daily Market Commentary: 3 May 2017

Today we are taking a look at:

  • Global manufacturing conditions are mixed, with expectations for global demand to support PMI in coming months
  • Dollar eases overnight, supporting most majors; USDZAR traded within a 10-cent range, currently at R13.32/$
  • Top 40 marginally higher, led by industrials; US equities marginally higher; Asian markets mixed this morning
  • SA new vehicle sales contracts sharply in April, exports also extremely weak
  • Foreign flows post outflow in shorter workweek
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By | 2020-03-17T09:42:18+02:00 May 3rd, 2017|Investment Banking, Markets and Research|0 Comments

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