Daily Market Commentary: 23 June 2017

Today we are taking a look at:

  • Foreign investors purchase R87 million worth of SAGBs yesterday, both foreign and local interest was upbeat
  • USDZAR falls back below R13.00/$, weaker dollar supports majors, yen bucks the trend as PMI disappoints
  • Brent maintained the weak trend yesterday, the dollar remained upbeat, while gold eased slightly
  • Top 40 closes lower. European markets recover from early lows, buoyed by an uptick in oil prices. US and Asian markets little changed
  • ECB maintains dovishness as CPI forecast to remain below 2%, consumer sentiment sharply higher in June; US data positive, leading index rises
DailyMarketCommentary170623
By | 2017-06-23T08:49:15+02:00 June 23rd, 2017|Markets and Research|0 Comments

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