Daily Market Commentary: 16 February 2018 Today we are taking a look at: SA fixed income markets rally as markets express relief over Zuma resignation Locals hope of a new beginning, the rand benefits from the positive local momentum and a weaker dollar Both gold and oil rallies on the back of a weaker dollar, Oil boosted by comments from OPEC members reiterating production cuts and cost savings The JSE surges after Jacob Zuma resigns; European, US and Asian market all trade higher Eurozone trade balance surprises to the upside; US industrial production and PPI data disappoints DailyMarketCommentary180216 By Nedbank CIB|2018-02-16T09:04:54+02:00Feb 16th, 2018|Markets and Research|Comments Off on Daily Market Commentary: 16 February 2018 Share This Story... FacebookTwitterRedditLinkedInTumblrPinterestEmail Related Posts Podcast | SA FIC: Rand not cheap enough; maintain a weak bias. May 27th, 2022 Podcast | Post-Budget Speech Webinar 2022 Feb 24th, 2022 Podcast | SA FIC: US inflation impulse – pressure on SA contained Feb 14th, 2022 Podcast | Monthly insights – December 2021 Dec 2nd, 2021 Daily Market Commentary Flash Note – 29 November 2021 Nov 29th, 2021