Daily Market Commentary: 26 January 2018

Today we are taking a look at:

  • Foreign outflows of R2.77 billion seen in the bond market yesterday
  • The rand took its cue from general dollar weakness brought on by
    US Treasury Secretary Mnuchin’s comments that he would like a weaker Dollar and it traded to a
    low of 11.8050
  • Gold headed for a sixth weekly gain; Brent marginally lower on the back of concerns over demand
  • The JSE ends little changed, with European markets losing ground after the ECB meeting;
    The Dow and S&P close at record highs, with Asian markets tracking US markets higher
  • SA PPI marginally higher in December; ECB marginally upbeat;
    Japanese inflation remains subdued
DailyMarketCommentary180126
By | 2018-01-26T08:57:50+02:00 January 26th, 2018|Markets and Research|0 Comments

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