Daily Market Commentary: 1 December 2017

Today we are taking a look at:

  • US rates continue to under-perform and this is keeping risk on the back foot, Barclays index exclusions and JPM reweights will drive the market again this morning
  • Local focus on ANC related headlines
  • Oil declines marginally, as expected after OPEC meeting; Gold remains downbeat as a result of strong dollar
  • The JSE and European markets end lower. The S&P500 closed at a record high and Dow broke the 24000 mark.  Asian markets are mixed
  • SA budget posts a deficit while trade posts a surplus; Eurozone unemployment rate declines; US PCE eases as consumers halt spending surge; Japanese data

    DailyMarketCommentary171201

By | 2017-12-01T08:35:18+02:00 December 1st, 2017|Markets and Research|0 Comments

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