Daily Market Commentary: 11 July 2016

Today we are taking a look at:

  • US NFP data surges as May print seen as an aberration and is revised lower, we remain longer term dollar bulls.
  • US data causes some volatility but rand ends session stronger, euro and sterling range bound as yen slides this morning.
  • Top 40 ends off session lows +0.26 %, US strong as all 10 S&P sectors rise after strong jobs data, Asia upbeat this morning.
  • UK current account deficit remains wide on trade account, China inflation data shows continued easing in trend.
By | 2017-03-02T20:54:45+02:00 July 11th, 2016|Investment Banking, Markets and Research|0 Comments

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