Daily Market Commentary: 14 July 2016

Today we are taking a look at:

  • SA retail sales growth bucks subdued consumer trend, however structural headwinds persist, outlook for the local economy remain subdued.
  • Rand slides in US session as risk rally falters globally, euro range bound as sterling rally slows.
  • JSE gains for fifth consecutive day, US markets choppy as Europe ends in red, Asia mixed this morning.
  • Fed’s Beige book continues to indicate modest growth; Eurozone industrial production growth eases sharply; Chinese trade surplus narrows, led by a steep decline in exports.
By | 2017-03-02T20:54:45+02:00 July 14th, 2016|Investment Banking, Markets and Research|0 Comments

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