Daily Market Commentary: 21 January 2019

Today we are taking a look at:

  • A strong close for risk on Friday before the US long weekend failed to feed through into SA assets and the ZAR continues to struggle
  • Rand closes the week traded relatively well post another good week for the currency
  • Oil held gains near a two-month high as investors assess signs of slowing growth in U.S. Production against mixed signals on output from the OPEC
  • Asian markets are stronger this morning as Chinese GDP data along with retail sales figures were in line with expectations
  • UK retail sales growth positive despite Brexit uncertainty; US industrial production growth eases in December
DailyMarketCommentary190121

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to use Ginger
Limited mode
growth, positive

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By | 2020-06-22T11:11:49+02:00 January 21st, 2019|Markets and Research|0 Comments

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