Daily Market Commentary: 12 August 2016

Today we are taking a look at:

  • SA mining and manufacturing production surprises to the upside in June, mineral sales surge, petroleum production props up manufacturing growth
  • USDZAR remains relatively strong despite marginal uptick overnight; dollar slightly stronger leading global majors lower
  • Global equities takes a cue from upbeat US markets, Asia positive this morning; Top 40 marginally higher
  • US initial jobless claims marginally lower; Chinese data disappoints
By | 2017-03-02T20:54:43+02:00 August 12th, 2016|Mining and Resources|0 Comments