Daily Market Commentary: 10 October 2017

Today we are taking a look at:

  • SAGBs open as we closed last night which is stronger than the 16h30 MTM after a late rally as the USD weakened into our close
  • Dollar eases, likely to be temporary ahead of US FOMC minutes, USDZAR remains firmly on the back foot, despite easing overnight
  • Gold holds onto previous session gains; Brent remains downbeat as market concern over US production rises
  • Global markets grind higher in subdued trading as participants look ahead to earnings season
  • Japanese trade and current account surpluses widened in August
  • Bond market sheds foreign capital while equity market sees inflow last week
By | 2017-10-10T10:11:53+02:00 October 10th, 2017|Markets and Research|0 Comments

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