Daily Market Commentary: 28 August 2017

Today we are taking a look at:

  • Foreign inflows total R3.7 billion for the week but liquidity remains tight
  • USDZAR finds support as the dollar falters
  • Gold and oil firmer on Friday as a result of weaker dollar, geopolitical tensions and US crude inventory rundowns
  • The JSE closed higher for the fifth consecutive day, while European, US markets and Asian ended sessions slightly lower, after Janet Yellen and Mario Draghi refrained from discussing monetary policy at the economic symposium at Jackson Hole this weekend
  • US durable goods orders signal better business investment
DailyMarketCommentary170828
By | 2017-08-28T08:43:39+02:00 August 28th, 2017|Markets and Research|0 Comments

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