Daily Market Commentary: 24 August 2016

Today we are taking a look at:

  • US corn prices head lower as harvest conditions improve, La Nina rainfalls expected; SA white maize price expected to decline on better weather conditions
  • USDZAR weakens sharply on news of finance minister legal woes; dollar strengthens, global majors downbeat
  • Top 40 marginally higher, buoyed by resource stocks; US equities positive; Asian markets mixed this morning

Eurozone consumer confidence falls; US Richmond Fed manufacturing index downbeat and new home sales data positive

By | 2020-03-17T10:05:34+02:00 August 24th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments