Daily Market Commentary: 11 January 2018

Today we are taking a look at:

• A strong UST auction last night halted the bear market temporarily, SA opens stronger in line with ZAR
  at 12.4250
• News headlines continue to drive currency markets
• Gold rises sharply; oil supported by a decline in US crude stockpiles
• The Top40 and global market close in the red due to profit taking. Earning season begins in the States today
• SACCI business confidence at the highest levels since January 2017, UK industrial and trade data disappoints
  in November