Morning report – 2.2
Local equities were undecided on whether the money supply and trade data were positive or not, and closed slightly down on Friday, says Nico Kelder economist at the Efficient Group.
The currency weakened against the dollar and even more so against the pound and euro as the dollar lost against the euro. Commodity prices were up on a weaker dollar; gold remained above $400/oz.
European and US markets closed weaker on Friday while the Far East markets are mixed this morning; the Nikkei is slightly up while the Hang Seng seems to be sliding sharply.
We expect the rand to have the greatest impact on local equities, but as usual, international tend will also affect sentiment.
The currency weakened against the dollar and even more so against the pound and euro as the dollar lost against the euro. Commodity prices were up on a weaker dollar; gold remained above $400/oz.
European and US markets closed weaker on Friday while the Far East markets are mixed this morning; the Nikkei is slightly up while the Hang Seng seems to be sliding sharply.
We expect the rand to have the greatest impact on local equities, but as usual, international tend will also affect sentiment.
The currency weakened against the dollar and even more so against the pound and euro as the dollar lost against the euro. Commodity prices were up on a weaker dollar; gold remained above $400/oz.
European and US markets closed weaker on Friday while the Far East markets are mixed this morning; the Nikkei is slightly up while the Hang Seng seems to be sliding sharply.
We expect the rand to have the greatest impact on local equities, but as usual, international tend will also affect sentiment.
The currency weakened against the dollar and even more so against the pound and euro as the dollar lost against the euro. Commodity prices were up on a weaker dollar; gold remained above $400/oz.
European and US markets closed weaker on Friday while the Far East markets are mixed this morning; the Nikkei is slightly up while the Hang Seng seems to be sliding sharply.
We expect the rand to have the greatest impact on local equities, but as usual, international tend will also affect sentiment.
The currency weakened against the dollar and even more so against the pound and euro as the dollar lost against the euro. Commodity prices were up on a weaker dollar; gold remained above $400/oz.
European and US markets closed weaker on Friday while the Far East markets are mixed this morning; the Nikkei is slightly up while the Hang Seng seems to be sliding sharply.
We expect the rand to have the greatest impact on local equities, but as usual, international tend will also affect sentiment.
