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Daily Market Commentary: 27 January 2017

Today we are taking a look at: SA PPI rises due to higher metal and machinery costs, food inflation eases but remains key in keeping CPI and PPI elevated Stronger dollar keeps global majors on the back foot, local crosses lose ground, USDZAR at R13.41/$ this morning Top 40 rises 0.28%, led by financials; US [...]

By | January 27th, 2017|Finance, General|0 Comments

Daily Market Commentary: 26 January 2017

Today we are taking a look at: SA risk premium compressed more than global peers, rand rallied stronger than bonds, spreads tightest since ‘Nenegate’ Rand continued to benefit from softer US dollar along with other EM FX, euro range bound while sterling rallies on Brexit optimism as May is pushed to publish a Brexit plan [...]

By | January 26th, 2017|Finance, General|0 Comments

Top 10 students awarded bursaries at eThekwini Mayoral Matric Day Awards

Nedbank Corporate and Investment Banking (Nedbank CIB) remains committed to better the lives of our communities through education. In partnership with the eThekwini Municipality, Nedbank CIB awarded the top ten pupils who have done exceptionally well throughout the year with ten bursaries to further their education. "What makes this an especially rewarding moment for Nedbank CIB is [...]

By | January 26th, 2017|General, Investing, Uncategorized|0 Comments

Daily Market Commentary: 25 January 2017

Today we are taking a look at: SARB keeps rates on hold in unanimous decision, inflation forecasts for 2017 elevated Rand makes significant headway to the downside, majors range bound JSE ends up 0.5% after volatile trade, US markets buoyed by results leading Asia stronger this morning UK public sector borrowing suggests Hammond on target, [...]

By | January 25th, 2017|Finance, General|0 Comments