US President-elect Donald Trump telling the Wall Street Journal the dollar was too strong saw Australian and Japanese stocks sink ahead of the JSE’s opening on Wednesday morning.Trump saying the dollar was "killing" US competitiveness saw BHP Billiton fall 0.64% to A$26.54 in Sydney, contributing to a 0.46% drop in the S&P/ASX 200 index. BHP closed 0.65% lower at R241.30 on the JSE on Tuesday.Gold fell 1.7% to under $1,215/oz following Trump’s comments.Chinese stocks, however, were rallied by Trump’s comment. Hong Kong’s Hang Seng index rose 1.24% and the Shanghai composite index rose 0.29%.Statistics SA is scheduled to release December’s consumer price index (CPI) at 10am on Wednesday.CPI is the key measure used by the South African Reserve Bank’s Monetary Policy Committee (MPC) for its interest rate decisions. Its next vote will be announced on January 24."Next week’s MPC meeting, though rates are expected to be unchanged, will be at an interesting time a few days after the US Pre...
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