Daily Market Commentary: 28 July 2016

Today we are taking a look at:

  • US economic data disappoint; FOMC leaves interest rate unchanged, very low inflation offsets labour market growth
  • USDZAR supported this morning, despite upbeat Fed; Global majors stronger, DXY weaken by 1.02 %
  • Top 40 index rises by 0.18 %, led by resources; US equities marginally lower; Asian markets negative this morning
  • UK Q2 GDP growth beats forecasts; German consumer sentiment marginally lower, Eurozone money supply growth rises
By | 2017-03-02T20:54:44+02:00 July 28th, 2016|Finance, General, Markets and Research|0 Comments