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

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