Daily Market Commentary: 4 May 2017

Today we are taking a look at:

  • Commodity currencies start to weaken as commodity prices ease
  • Dollar strengthens after FOMC statement, weighing on global majors; USDZAR and EM FX downbeat this morning
  • Top 40 slumps 0.47%, led by resource stocks; US equities negative; Asian markets mostly lower this morning
  • Eurozone GDP growth unchanged; US FOMC still see 2 more rate hikes this year, US ADP payrolls ease in April
By | 2020-03-17T09:41:00+02:00 May 4th, 2017|Investment Banking, Markets and Research|0 Comments

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