Daily Market Commentary: 30 September 2016

Today we are taking a look at:

  • SA credit extension remains downbeat, PPI lower in August, however food inflation remains upside risk
  • Rand continues to slide yesterday to touch just below R14.00/$ in US session, greenback marginally stronger
  • Top 40 closes strongly in the green, US markets under pressure weighing on Asia this morning

US Q2 GDP revised higher, jobless claims confirms labour market trend; UK consumer credit demand picks up; Eurozone confidence metrics upbeat in September; Japanese data this morning mixed

By | 2020-03-17T10:04:38+02:00 September 30th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments