Daily Market Commentary: 8 May 2017

Today we are taking a look at:

  • US nonfarm payrolls surge in April, led by services sector jobs; but continued shrinkage of available pool of labour remains a concern
  • Dollar subdued, keeping majors elevated; USDZAR strengthens form a peak of R13.70/$, at R13.47/$ this morning
  • US equities marginally higher, followed by Asian markets this morning; Top 40 up 0.56% and led by resource stocks
By | 2020-03-17T09:29:37+02:00 May 8th, 2017|Investment Banking, Markets and Research|0 Comments

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