Daily Market Commentary: 14 August 2017

Today we are taking a look at:

  • Small inflows from foreign investors over the past day, however net outflows were recorded for the week.
  • The local trading session opened with the rand trading at 13.4600
  • Gold remained supported by safe-haven buying; Oil held close to its weekly low due to oversupply concerns
  • Global stocks rebound as tensions between the US and North Korea subside
  • US CPI rises marginally despite disappointing consensus, Japanese GDP data surprises to the upside while Chinese economic data remains subdued
By | 2017-08-14T11:00:27+02:00 August 14th, 2017|Markets and Research|0 Comments

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