Daily Market Commentary: 8 November 2017

Today we are taking a look at:

  • A poor close in SA last night as ZAR and SAGBs bounced off their lows reasonably aggressively
  • Rand remains becalmed at weaker levels
  • Brent price remains elevated due to expectations of OPEC supply cuts; Gold also elevated on the back of risk aversion
  • South African bourse recorded a new record high while global markets take a breather
  • Strong Eurozone retail sales supported by upbeat domestic demand
DailyMarketCommentary171108
By | 2017-11-08T08:39:21+02:00 November 8th, 2017|Markets and Research|0 Comments

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