Daily Market Commentary: 7 September 2016

Today we are taking a look at:

  • SA GDP growth rebounds in Q2, led by mining and manufacturing growth
  • USDZAR sharply stronger, below R14.00/$ this morning, on the back of a weaker dollar; global majors supported as a result
  • Top 40 index sheds 0.15 %, led by resources; US equities marginally positive on lower Fed hike probability this month; Asian markets mixed this morning

Eurozone GDP growth confirmed at 0.3 % in Q2; Fed’s LMCI edges lower in August

By | 2017-03-02T20:54:41+00:00 September 7th, 2016|Finance, General, Markets and Research|0 Comments