Daily Market Commentary: 23 November 2017

Today we are taking a look at:

• R1.27 billion worth of foreign capital inflows into the bond market yesterday
• USDZAR continues to post gains, dollar weakens supporting majors
• Oil remains elevated as US inventories declined; Gold rises marginally overnight
• Top 40 loses more than a percent as a result of industrial stocks; Asian markets mostly positive this morning;
  US equities mixed
• SA CPI eases in October, prompted by services prices; Fed FOMC still signals hike in December