It was a mixed day on the market yesterday as US indices were ranging failing to break through Friday's highs. Similarly European indices were directionless as the Dax and FTSE remained stagnant with a hint of negativity.
Gold and Silver sold off throughout the day and the early hours of this morning’s trading session trading at $1726 and $24.84 respectively at the time of writing. Brent remains stagnant with a lack of movement as it ranges between $62.30 and $63.30, however still holding strong on its 50 daily average.
Bitcoin held firm on its Monday open price as the alternative asset edged higher to break above 60 500 in this morning's trading session.
Prior to the European open there’s GBP and NZD strength that came into the market. Dollar remains mixed as much anticipated inflation data is set to be released this afternoon.
Tuesday (SAST)
2:30pm - CPI m/m (USD)
2:30pm - Core CPI m/m (USD)