Daily Market Commentary: 12 December 2017

Today we are taking a look at:

• A small bounce in local yields seen at the open as the USD trades stronger in line with USTs weakening
• Currency markets hold steady ahead of FOMC and ANC NEC
• Brent rallies sharply as the North Sea Forties Pipeline System was shut down temporarily; Gold remains subdued
• ALSI closes marginally weaker, US markets closed in the black, Asian markets mixed this morning
• Foreign flows rebound, but led by the equity market