Daily Market Commentary: 1 July 2016

Today we are taking a look at:

  • SA trade surplus posts surprise R18.73bn surplus from revised minor deficit last month.
  • Rand tests R14.60/$ before giving back some gains, euro range bound but sterling collapses after Carney speech.
  • Top 40 delivers another good performance, US up for 3rd consecutive day ahead of long weekend, Asia upbeat.
  • UK GDP in line while current account deficit widens, SA PPI lower and money supply weak.
By | 2020-02-21T08:49:10+02:00 July 1st, 2016|Markets and Research|0 Comments

Leave A Comment