Daily Market Commentary: 16 September 2016

Today we are taking a look at:

  • US data upbeat, apart from retail sales and industrial production which contracted in August as consumers cut back spending on durable goods
  • USDZAR strengthen by a further 20-cents yesterday, this morning at R14.21/$; Global majors range-bound
  • Top 40 ended 0.59 % lower yesterday, led by widespread losses; US equities upbeat on lower Fed hike bets; Asian markets follow positive this morning

BOE leaves interest rate unchanged, retail sales growth in the UK falls marginally

By | 2017-03-02T20:54:27+02:00 September 16th, 2016|Markets and Research|0 Comments