Daily Market Commentary: 19 July 2016

Today we are taking a look at:

  • Interest rate barometer factors support expectations for a hold at this week’s MPC meeting.
  • Rand resilient throughout yesterday, consolidating in Asian session, majors range bound ahead of central banks this week.
  • Top 40 ends flat, off session lows, US markets sustain record levels, Asia negative this morning as caution returns.
  • US cross border investment flows decline, but foreign flows rebound.
  • Foreign flows post another record week of inflows, momentum persists.
By | 2017-03-02T20:54:44+02:00 July 19th, 2016|Markets and Research|0 Comments