Daily Market Commentary: 16 August 2017

Today we are taking a look at:

  • Foreign activity stepped up yesterday with inflows into bonds of R1.7 bn, positive flows for the week to date
  • EURZAR currently trading at 15.6550 and GBPZAR currently trading at 17.1550
  • Both oil and gold remain on the back foot as the dollar strengthens
  • Top40 lost -1% while global markets lack direction and mostly swung between gains and losses
  • US retail sales rebound in July, lifted by food and auto sales; UK CPI unchanged at 2.6%
DailyMarketCommentary170816
By | 2017-08-16T10:21:29+02:00 August 16th, 2017|Markets and Research|0 Comments

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