Daily Market Commentary: 25 July 2016

Today we are taking a look at:

  • EM and commodity currencies strengthen for the YTD, lifted by risk-on demand and commodity prices
  • Rand loses momentum, weakens into the close on Friday; pound sharply weaker due to negative economic data, euro and majors weaker as well
  • Top 40 lacklustre, JSE foreign stats incorrect, US markets end positive, Asia mostly higher
  • UK flash PMI dismal, partially reflect Brexit impact; Japan trade data continues to exhibit weakness.
By | 2016-07-25T11:21:01+02:00 July 25th, 2016|Markets and Research|0 Comments