Daily Market Commentary: 23 January 2018

Today we are taking a look at:

• Large volumes seen in SA, Congress voting to end the shutdown in the US brings US10 yields
  back just a point and the USD sells off
• Political news continue to dictate currency moves
• Brent rallies on the back of IMF optimism over the global economy;
  Gold marginally higher this morning
• Top40 and European markets paired earlier losses, US closed at new highs and BoJ
  announcement expected today
• IMF upgrades global growth forecasts but SA GDP forecast revised sharply lower