Daily Market Commentary: 6 October 2017

Today we are taking a look at:

  • Foreigners sell R1.32 billion worth of SAGBs yesterday, but flows remain positive for the week to date
  • Dollar rebounds, weighing on majors, EM FX and ZAR weakens
  • Brent price rises as Saudi Arabia attempts to convince Russia to stick with production curbs; Gold remains range-bound
  • JSE closes higher for the fifth consecutive session; Global markets all end higher, with traders seen to be taking a cautious stance ahead of the US jobs data out later today
  • SA business confidence rises in September; US factory orders supported by global demand
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By | 2017-10-06T07:33:00+02:00 October 6th, 2017|Markets and Research|0 Comments

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