Daily Market Commentary: 18 October 2017

Today we are taking a look at:

  • Marginal inflows into the bond market yesterday
  • USDZAR remains vulnerable to political factors
  • Gold continues lower as a result of a stronger dollar; Brent remains elevated as a result of supply concerns
  • The JSE closed lower after two days of gains with sentiment battered after the announcement of a cabinet reshuffle; European markets had another lacklustre session with the major indices all closing marginally lower; U.S. markets ended mixed; This morning Asian markets are posting modest gains
  • UK inflation rises to 3% y/y, Eurozone inflation remains well below target; US industrial activity surprisingly firmer in September
By | 2017-10-18T08:23:15+02:00 October 18th, 2017|Markets and Research|0 Comments

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