Daily Market Commentary: 7 November 2016

Today we are taking a look at:

  • US payrolls disappoint, participation rate declines, but unemployment falls, wage growth rises and labour market recovery persists
  • Global majors weaker this morning as dollar rebounds; USDZAR weakens to R13.57/$ this morning
  • Top 40 slumps 1.1% on Friday, due to widespread losses; US equities negative on the back of election anxiety; Asian markets buck trend, upbeat this morning
  • Eurozone services PMI higher, PPI deflation eases
By | 2017-03-02T20:54:23+02:00 November 7th, 2016|Markets and Research|0 Comments