Daily Market Commentary: 26 August 2016

Today we are taking a look at:

  • LMEX edges higher for the YTD on dollar weakness, but copper price still signals slowing growth, rising inventories and falling demand
  • USDZAR weakens further amid local political risk; global majors trade range-bound as markets are cautious ahead of Jackson Hole speech
  • Top 40 loses 0.21 %, led by energy and telecoms stocks; Global equities downbeat ahead of Yellen speech today, Asia mixed this morning

SA PPI surges in July; German confidence indicators deteriorate; US initial jobless claims and durable goods orders upbeat; Japanese CPI remains in deflation

By | 2017-03-02T20:54:41+02:00 August 26th, 2016|Markets and Research|0 Comments