Daily Market Commentary: 8 July 2016

Today we are taking a look at:

  • UK manufacturing and industrial data beat expectation but Brexit clouds outlook, Sterling at lowest since 1985.
  • Rand slides in US session as risk off seems to return, euro range bound while sterling tussles with $1.30/GBP.
  • Top 40 firms +0.68 %, US markets end slightly lower weighed by energy sector, Asia mixed this morning.
  • US private sector employment rises, focus will be on NFP today, Japanese current account continues to reflect underlying weakness in economic activity, IMF releases its Article IV report on South Africa.
By | 2017-03-02T20:54:45+02:00 July 8th, 2016|Investment Banking, Mining and Resources|0 Comments

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