Daily Market Commentary: 7 December 2017

Today we are taking a look at:

  • Thin volume and liquidity conditions prevail, SAGBs track the ZAR weaker, foreign investors sell R1.32bn of SA bonds
  • USDZAR holds steady ahead of U.S data tomorrow
  • US crude imports were higher in October, but the Brent price continues to ease marginally; Gold remains range bound
  • Top 40 plunged -1.6% led by Steinhoff’s -60% sell off and global markets were mixed
  • SACCI business confidence improves in November; US ADP payrolls data shows upbeat labour market
DailyMarketCommentary171207
By | 2017-12-07T09:09:50+02:00 December 7th, 2017|Markets and Research|0 Comments

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