Daily Market Commentary: 18 January 2018

Today we are taking a look at:

  • SAGBs remain bid yesterday, liquidity re-emerge in the bond market
  • Local FX markets will be focused on ANC NEC and SARB MPC meetings today
  • Brent remains close to $69/bbl. while the strong dollar weighs on the gold price
  • The JSE continued higher, while European markets lost ground, weighed by disappointing earnings reports.
    The Dow and S&P close at record highs, with Asian markets tracking US markets higher
  • SA retail sales soar in November, driven by seasonal factors; US industrial activity upbeat,
    Beige Book shows modest to moderate growth
DailyMarketCommentary180118
By | 2018-01-18T10:22:37+02:00 January 18th, 2018|Markets and Research|0 Comments

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