Daily Market Commentary: 9 January 2018

Today we are taking a look at:

  • Risk trades well, however thin liquidity conditions persist. Small foreign capital outflows recorded last week
  • Quiet start to the week, Rand remains range bound
  • Declines in US stockpiles continues to support oil, Gold remains elevated
  • The Top40 closed a choppy trading day up +0.6%, the major US indexes recovered from earlier losses,
    Asian markets are trading in positive territory this morning
  • Eurozone business climate indicator positive, retail sales upbeat
DailyMarketCommentary180109

 

By | 2018-01-09T08:21:26+02:00 January 9th, 2018|Markets and Research|0 Comments

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