Today we are taking a look at:

  • Good buying into the MTM for half year end so rates and FX close well in SA after an otherwise quiet day, with most of the action in the last hour
  • An eventful week ahead for FX markets with trade wars and FOMC minutes likely to feature, USDZAR end the week in a fairly steady range
  • Gold price remains downbeat, oil supported by concerns over Libyan production
  • The All Share index rallied quite hard on Friday initially tracking Asian markets higher as the second quarter drew to a close
  • SA trade balance disappoints, but posts surplus in May; Eurozone inflation rises to 2%, US personal income growth higher; UK GDP upwardly revised
DailyMarketCommentary180702

If you are looking for more relevant market commentary, have a look at our other Markets and Research.