Daily Market Commentary: 14 February 2018

Today we are taking a look at:

  • ANC NEC decides to recall President Zuma, however bond yields rise because of the lack of clarity over the timing of the resignation
  • Uncertainty regarding the President still clouds the market perspective
  • Gold remains elevated, IEA remains concerned about US supply and its ability to derail oil prices, Brent marginally lower
  • The JSE ends on a strong note, while European markets closed marginally lower; US markets closed up for the third straight session and Asian markets are mixed
  • SA unemployment rate declines, but underlying details disappoints; UK CPI remains sticky at 3%
By | 2018-02-14T09:09:57+02:00 February 14th, 2018|Markets and Research|0 Comments

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