Daily Market Commentary: 25 August 2017

Today we are taking a look at:

  • Successful switch auction for NT as they buy back R11.785 bn R203 and issue R13.250b out, foreign inflows of R2.3 billion yesterday
  • Markets focussed on Jackson Hole, dollar remains subdued, supportive of majors apart from the yen which weakened in Asia
  • Brent remained elevated on news of falling US stockpiles, gold still range-bound as markets watch geopolitical headlines
  • The JSE extended gains with the TOP40 crossing the 50,000 level for the first time; European and US markets experienced choppy trading ahead of the Jackson Hole central bank policy forum; Asian markets are trading higher this morning
  • UK GDP growth improves in Q2; Japanese CPI marginally higher in July
DailyMarketCommentary170825
By | 2017-08-25T07:55:18+02:00 August 25th, 2017|Markets and Research|0 Comments

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