Daily Market Commentary: 24 August 2017

Today we are taking a look at:

  • Small inflows into the local bond market yesterday, liquidity remains thin
  • FX Markets remain subdued, focus shifting to Jackson Hole
  • Gold rallies marginally as a result of dollar weakness, oil remains range-bound ahead of weekly US inventory data
  • Global markets traded mostly lower, weighed by political comments from Donald Trump, with traders taking a cautious stance ahead of the Jackson Hole meeting which starts today
  • SA CPI falls sharply in July, weighed by transport and food

 

DailyMarketCommentary170824
By | 2020-11-23T19:47:24+02:00 August 24th, 2017|Investment Banking, Markets and Research|0 Comments

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