* Poor reaction to US inflation data but markets managing to stabilize with some buying into the US close to pare the losses.
* USD retracing slightly which also relieved pressure on equities
* Volatility higher on the day. Small caps shedding the most.
*JSE: Markets continuing to retreat from swing highs seen last Friday although there was some buying off yesterday's lows.
*NPN/PRX continue to being sold from their overbought positions as Tencent trends lows. As a result, some SA Inc plays managing to hold up on a relative basis.
* Gold attempting to recover off the lows as DXY was sold following the inflation print. DXY higher again this morning.
* USD retracing slightly which also relieved pressure on equities
* Volatility higher on the day. Small caps shedding the most.
*JSE: Markets continuing to retreat from swing highs seen last Friday although there was some buying off yesterday's lows.
*NPN/PRX continue to being sold from their overbought positions as Tencent trends lows. As a result, some SA Inc plays managing to hold up on a relative basis.
* Gold attempting to recover off the lows as DXY was sold following the inflation print. DXY higher again this morning.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.