Daily Market Commentary: 15 July 2016

Today we are taking a look at:

  • SA mining production growth worse than forecasts as production of ores slumps sharply.
  • Rand recoups losses to close the day stronger, sterling surges after BOE surprises with no rate cut, yen continues slide.
  • Top 40 closes little changed, US markets close at new highs, Asia takes lead from US, upbeat on China data.
  • US PPI rises, jobless claims unchanged; BOE leaves policy rate and asset purchases unchanged; Chinese data shows growth supported while leverage remains high in the system.
By | 2017-03-02T20:54:45+02:00 July 15th, 2016|Investment Banking, Mining and Resources|0 Comments

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