Daily Market Commentary: 9 May 2017

Today we are taking a look at:

  • Brent records ‘good-bye kiss’ as it tests resistance level from below and extends lower
  • USDZAR weaker this morning; dollar rebounds yesterday, weighing on majors
  • US equity markets ends the session flat; Top 40 index 0.1% positive, led by industrials and financials; Asian markets mostly lower this morning
  • Chinese trade data sharply higher as exports remain strong, current account surplus widens
  • Foreign flows post sharp outflow as equity market shed R6 bn of foreign capital last week
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By | 2020-03-17T09:28:34+02:00 May 9th, 2017|Investment Banking, Markets and Research|0 Comments

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