Daily Market Commentary: 19 June 2017

Today we are taking a look at:

  • Mining Charter spooked the market somewhat on Thursday, but bids returned at the 8.50 level
  • USDZAR recovers some of its recent losses
  • Gold remained subdued around $1255/oz. while oil firmed on Friday, rising to a high of $47.6/bbl. intraday
  • Resource stocks wobble after the release of the much anticipated Mining Charter
  • US data disappoints, confidence eases; BOE sounds increasingly hawkish; Eurozone CPI and trade data disappoints
By | 2017-06-19T08:26:34+02:00 June 19th, 2017|Markets and Research|0 Comments

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