Daily Market Commentary: 29 August 2016

Today we are taking a look at:

  • US GDP growth downwardly revised, Yellen says case for a rate hike has gotten stronger recently
  • Dollar strengthens by 1.4 % against global majors after Yellen speech; USDZAR weakens to R14.30/$
  • Top 40 rises by 0.1 %, led by resources and energy stocks; US equities downbeat, Asia mixed this morning

UK GDP growth rises before Brexit in Q2; Eurozone money supply and credit growth lower

By | 2017-03-02T20:54:41+02:00 August 29th, 2016|Markets and Research|0 Comments