Daily Market Commentary: 26 July 2016

Today we are taking a look at:

  • The performance of global equity indices remain muted in $-terms for the YTD, apart from the S&P 500; FTSE boosted in local currency terms due to weak pound 
  • USDZAR weakens into local close, but supported in Asia this morning; Global majors marginally stronger
  • Top 40 rises 0.56 %, led by financials; US equities downbeat; Asia mixed this morning
  • German IFO business climate deteriorates; Fitch review their methodology on notching of local currency ratings
  • Foreign flow statistics corrected by JSE, show substantial divergence in 2016
By | 2020-03-17T10:05:43+02:00 July 26th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments

Share This Story...