Daily Market Commentary: 15 January 2018

Today we are taking a look at:

  • Small outflow of foreign capital from the bond market seen last week, liquidity expected to normalise this week
  • Another very quiet day for the Rand on Friday as it traded through the local session in a 12.36-12.46 range
  • Oil close to 3yr high as OPEC reiterates production cuts; gold close to a 4-month high on the back of dollar weakness
  • US markets upbeat as earnings season takes centre stage, Asian markets mostly positive this morning, local equities boosted by resources
  • SA PMI sharply lower in December; US CPI and retail sales disappoints
By | 2018-01-15T08:48:38+02:00 January 15th, 2018|Markets and Research|0 Comments

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