Daily Market Commentary: 9 March 2018

Today we are taking a look at:

  • Marginal foreign inflows seen in the bond market yesterday
  • USDZAR weakens on the back of a stronger dollar and sharply weaker euro
  • The gold price eased marginally along with Brent crude, as the dollar strengthened
  • The JSE closed marginally higher, while European markets close at the day’s high, lifted by a weaker euro; US markets closed firmer after President Trump softened his stance on import tariffs; Asian markets firmer after Trump agreed to a meeting with Kim Jong Un, easing tensions over North Korea
  • ECB turns hawkish, drops pledge to increase QE if needed
By | 2018-03-09T08:50:58+02:00 March 9th, 2018|Markets and Research|0 Comments

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