Traders Corner
US markets continued to slide into the close on Friday night, losing between 3 & 4-tenths of a percent across the board, while the German DAX index had its worst week in two years. Asian is trading mixed this morning, with miners slightly lower, while Tencent is trading +1%. The Rand is maintaining the R10.66/$-level, with the gold price last trading at $1,292 an ounce. World futures are trading +0.3%.
Key macro events:
- US: ISM New York
- Europe Eurozone PPI
- Australia: Retail Sales