Daily Market Commentary: 4 December 2017

Today we are taking a look at:

  • Foreign investors sell R1.37 billion of bonds on Friday and over R8 billion for the week
  • Market focus now largely only on the outcome of the ANC NEC
  • The gold price remains subdued, although Brent crude remains elevated,  it has eased marginally as US oil rig activity rose
  • The JSE ended lower for a fourth session; Global markets were rattled by the news that Michael Flynn the former national security advisor has lied about meeting with the Russian ambassador; European and US markets ended lower; Asian markets are mixed this morning
  • Global PMI’s recover in November, led by the Eurozone
By | 2017-12-04T09:46:54+02:00 December 4th, 2017|Markets and Research|0 Comments

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