Traders Corner

on . Posted in News Flash

US markets gave back early gains yesterday after President Barack Obama ordered air strikes in northern Iraq. Across the board, losses of half a percent were recorded, with world futures trading between 0.5% - 0.7% lower this morning. The Rand tumbled overnight to R10.79/$, while the gold price is trading higher at $1,318 an ounce.

Key macro events:

  • US Wholesale trade