Daily Market Commentary: 1 September 2016

Today we are taking a look at:

  • SA trade data upbeat for the year to date, however lower demand from key trading partners remain a concern
  • USDZAR weakens by 30-cents; dollar weakens in Asia this morning, supporting global majors, albeit marginally
  • Top 40 slumps 1.19 %, led by widespread losses; US markets weaker on energy stocks; Asia mixed this morning

US private payrolls upbeat; Eurozone unemployment rate unchanged, but inflation remains benign

By | 2017-03-02T20:54:41+02:00 September 1st, 2016|Markets and Research|0 Comments