Daily Market Commentary: 13 September 2016

Today we are taking a look at:

  • Dollar weakness pushes USDZAR 20-cents stronger, currently at R14.29/$; global majors similarly stronger on the back of a softer dollar
  • Top 40 slumps by 0.94 %, led by resources and financials; US equities upbeat; Asian stocks trading marginally positive this morning
  • Chinese retail sales and industrial production growth higher in August

SA sees marginal foreign inflow last week, but month to date flows are negative

By | 2017-03-02T20:54:28+02:00 September 13th, 2016|Markets and Research|0 Comments