Daily Market Commentary: 18 August 2017

Today we are taking a look at:

  • Foreign activity upbeat for the week, week to date bond inflows at R2.96 bn
  • Rand remains steady into the close of the week
  • Brent remains subdued, falling to $50/bbl. intraday; Gold supported over the past day as dollar remains volatile
  • Global markets trade lower, with on-going political turmoil in the US weighing on markets
  • Eurozone inflation still benign at 1.3%; US industrial activity disappoints in July; UK retail sales sharply lower as consumers engage in cost-cutting
DailyMarketCommentary170818
By | 2017-08-18T08:38:14+02:00 August 18th, 2017|Markets and Research|0 Comments

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