Daily Market Commentary: 1 June 2017

Today we are taking a look at:

  • SA trade surplus narrows in April as exports slump, but trend remains favourable as global demand expected to pick up
  • USDZAR holding steady ahead of the ratings agency reviews
  • The JSE lost over a percent with Naspers falling 3%; U.S. markets closed marginally lower with geopolitical tension increasing as President Trump pulled out of the Paris climate accord; Asian markets are mixed driven by economic data
  • Eurozone CPI eases on lower energy costs; US Beige Book reflects modest to moderate growth with some hints of caution; UK credit extension lower in April

    DailyMarketCommentary170601

By | 2017-06-01T07:49:02+02:00 June 1st, 2017|Markets and Research|0 Comments

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