Daily Market Commentary: 25 October 2017

Today we are taking a look at:

  • The market seems priced for a significant revenue shortfall at the MTBPS speech today, the R186 remains around the 8.84% mark
  • Local FX market cautious ahead of MTBPS, USDZAR remains weak as dollar strength dominates
  • Brent holds onto gains as US stockpiles decline; Gold headed for lowest close in 3 weeks as dollar remains strong
  • The JSE ends lower, with European markets little changed following a lacklustre session The Dow closed at a new record high. Asian markets are firmer, taking their lead from the strong overnight close in the US
  • SA leading indicator eases in August which raises concern over economic conditions by mid-2018
DailyMarketCommentary171025
By | 2017-10-25T08:08:03+02:00 October 25th, 2017|Markets and Research|0 Comments

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