Daily Market Commentary: 10 January 2019

Today we are taking a look at:

·         Risk assets supported by a weaker dollar, cautious Fed

·         Emerging markets rally post FOMC minutes

·         Oil continues to rally as OPEC set to achieve production cuts; Gold continues to rally

·         The Top40 closed up +2%, Europe added +1% and FOMC pushed US markets to close in the black

·         Fed turns cautious in recent minutes; SA PMI improves in December