Daily Market Commentary: 31 August 2016

Today we are taking a look at:

  • Confidence indicators in the Eurozone and UK decline, US confidence upbeat, supporting growth
  • USDZAR weakness persists; Dollar remains strong, resulting in softer global majors this morning
  • Top 40 down 0.2 %, led by financials and resource stocks; US equities negative, markets trade cautiously ahead of NFP data this week; Asian markets upbeat this morning

UK consumer credit lower in July; SA budget balance deteriorates in July; Japanese industrial production slumps in July

By | 2020-03-17T10:05:32+02:00 August 31st, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments