Daily Market Commentary: 15 September 2016

Today we are taking a look at:

  • SA retail sales growth slumps in July as consumers buy less furniture, appliances and other retail items, demand remains weak
  • Weaker dollar supports rand and global majors, USDZAR at R14.34/$ this morning, euro weaken marginally in Asia
  • Top 40 shed 0.6 %, led by financials; US equities lower after trading positive for most of the day; Asian markets mixed this morning

UK unemployment rate unchanged; Eurozone industrial production contracts in July; Chinese money supply growth surges

By | 2020-03-17T10:05:24+02:00 September 15th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments