Daily Market Commentary: 1 August 2017

Today we are taking a look at:

  • Thin liquidity conditions as SAGBs tick higher amid a weaker ZAR
  • Despite broad based dollar weakness the rand remains vulnerable
  • Gold and oil remain elevated, due to weaker dollar and continued commentary from OPEC
  • Global markets are mixed driven by corporate earnings and economic data
  • SA trade balance posts wider surplus in June as imports slump; Eurozone unemployment rate declines in June, inflation subdued
DailyMarketCommentary170801
By | 2017-08-01T09:41:18+02:00 August 1st, 2017|Markets and Research|0 Comments

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