Daily Market Commentary: 9 September 2016

Today we are taking a look at:

  • SA mining and manufacturing production growth sharply lower in July on the back of falling demand
  • Dollar strength leads USDZAR sharply weaker, at R14.13/$ this morning; global majors weaker
  • Top 40 declines by 0.4 %, led by healthcare and energy stocks; US equities downbeat, dragged down by tech stocks; Asian markets marginally firmer this morning
  • US data upbeat; ECB leaves benchmark interest rate and asset purchase programme unchanged; Chinese trade surplus narrows, inflation slumps
By | 2017-03-02T20:54:40+02:00 September 9th, 2016|Mining and Resources|0 Comments

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