Daily Market Commentary: 12 September 2016

Today we are taking a look at:

  • World Platinum Investment Council forecasts lower platinum supply from SA, recent speculative demand driven by local sector woes, and weaker dollar in Q2
  • This morning the rand is trading at 14.4450, EURZAR is trading at 16.2390 and GBPZAR is trading at 19.1685.
  • Blue chip Top 40 and broader based All Share lost half a percent, U.S. markets slumped, Global sell-off resumed in Asia this morning

US wholesale trade sales and inventory growth downbeat; UK trade deficit narrows on higher exports

By | 2017-03-02T20:54:28+02:00 September 12th, 2016|Mining and Resources|0 Comments