Day: January 18, 2018

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  Rand gains after SAR leaves repo rate unchanged at 6.75% as expected

  The SA rand is stronger after the SAR leaves rates on hold 18 Jan - 5 voted in favour - 1 voted for cut of[...]
  2018-01-18 20:47:12

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  S&P 500 dips in consolidation ahead of record highs

  Double top, or a brief pause Yesterday's rebound in the S&P 500 was very impressive but yesterday's earnings report from Alcoa wasn't a great sign[...]
  2018-01-18 20:47:12

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  US stocks opening with modest losses in early trading

  Taking a breather after yesterday's >1% gains The US major stock indices are taking a breather after yesterday's > 1% gains. The US yields are[...]
  2018-01-18 20:47:12

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  Why Trump's fake news award is an incredible signal for markets

  Trump measures himself by the stock market Saturday marks one-year since Trump's inauguration. It's tough to imagine how anyone will survive another three years of[...]
  2018-01-18 20:47:12

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  IMF sees broad-based cyclical upswing in world economy, calls for cooperation on crypto

  Comments from IMF's Rice The IMF hasn't been an organization (since the crisis) to be overly rosy. On crypto, Communications Director Rice said "We think[...]
  2018-01-18 20:47:12

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  US DOE weekly oil inventories -6861K vs -3150K expected

  Weekly oil inventory and production data from the DOE - Prior was -4948K - Gasoline +3620K - Distillate -3887K - Cushing -4184K (largest drop on[...]
  2018-01-18 20:47:06

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  Trump warns US government could shut down

  House to vote later today Trump warned the US government "could very well" shut down in his latest missive. This song and dance takes place[...]
  2018-01-18 20:47:06

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  US dollar skids as government shutdown jitters hit

  McConnell reportedly planning for shutdown - Politico reports The US dollar suddenly dropped across the board on the headlines. The dollar is at the worst[...]
  2018-01-18 20:47:06

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  Ryan says he's confident House will pass a short-term spending bill

  The can must be kicked Small dollar bounce on the headline. The good news is we get to play this game all over again in[...]
  2018-01-18 20:47:06

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  European stocks end the session with mixed results

  10 year yields are also mixed. The European major stock indices closed and they had mixed results on the day: IN the 10 year debt[...]
  2018-01-18 20:47:06

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