Daily Market Commentary: 3 October 2017

Today we are taking a look at:

  • Thin liquidity conditions persist, marginal sell-off of local bonds seen yesterday
  • A strong dollar keeps majors weak, USDZAR and EM currencies remain on the back foot
  • Gold remains downbeat after sharp sell-off yesterday, temporary gains in oil market fades as US drilling gathers steam
  • Global markets march higher and Wall Street closes at record highs despite Las Vegas shootings
  • Global PMIs mostly improve in September, SA PMI remains in contraction despite marginal improvement
  • Record outflows from the equity market in September contrasted by sharp inflows into the bond market
By | 2017-10-03T11:52:58+02:00 October 3rd, 2017|Markets and Research|0 Comments

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