Daily Market Commentary: 27 October 2017

Today we are taking a look at:

  • Marginal inflows into the local bond market yesterday, SAGB yields edge lower late in the session
  • Dollar firmly on the front foot
  • Brent maintains elevated range as OPEC talks about extending production cuts; Gold headed for a sixth weekly decline
  • The JSE closed firmer, with rand hedges outperforming buoyed by a weaker currency; Global markets close mostly higher
  • SA PPI surprises to the upside in September; ECB announces tapering of its QE programme, but promises loose monetary policy for an extended period of time
By | 2017-10-27T08:42:51+02:00 October 27th, 2017|Markets and Research|0 Comments

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