Financial Market 25 July 2017
“The voice of business”
Daily Financial Markets Report
Tuesday, 25 July 2017
Highlights
- Wall Street stocks looked set for a slightly lower open on Monday, with future easing as investors braced for an important and busy week for earnings, and global markets pulled lower. European stocks fell Monday, with shares of German auto makers and oil producers among those pushing the market toward a two-week low. Asian shares began the trading week modestly lower, with stocks in Japan and Australia badly underperforming Monday as additional declines in the U.S. dollar continued to weigh on investor sentiment.
- The U.S dollar is currently trading at 1.16 to the Euro; 1.30 to the Pound and will buy 110.78 Japanese Yen or 12.96 South African Rand.
- Spot gold is currently trading at US$ 1 256.80/oz and platinum at US$ 941.20/oz. Brent crude oil is currently trading at US$ 48.36 per barrel.
Kind Regards
Tshidi Moatshe
SACCI Communication
South African Chamber of Commerce and Industry (SACCI)Tel: +27 11 446 3800
Cel: +27 76 935 5681
Fax: 086 528 2662
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