Daily Market Commentary: 7 October 2016

Today we are taking a look at:

  • Gold slumps in the short-term, aggregate open interest lower, even while fear indicator is elevated
  • Electronic trading in Asia results in sharpest sterling slide since Brexit vote; dollar stronger keeping majors weak; USDZAR 20-cents weaker this morning
  • Top 40 loses ground in late trade, US markets end relatively unchanged after clawing back losses, Asian markets skittish ahead of US NFP and amid pound flash crash
By | 2020-03-17T10:04:30+02:00 October 7th, 2016|Investment Banking, Markets and Research, Uncategorized|0 Comments