Daily Market Commentary: 6 September 2017

Today we are taking a look at:

  • Large foreign inflows into local bond market yesterday to the value of R1.36 billion
  • Local GDP provides support for the rand
  • Gold remains elevated amid geopolitical risks; Brent surges as refineries in Texas reopen after hurricane
  • US stocks slide as traders return from the long weekend to increased tensions between the US and North Korea
  • SA GDP growth beats expectations in Q2 due to low base effects; Eurozone retail sales growth eases; US capital spending rebounds in July
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By | 2017-09-06T08:24:21+02:00 September 6th, 2017|Markets and Research|0 Comments

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