Morning note

Resources led the JSE lower by 0.6%. Billiton fell 2.5% and Anglo American shed 3.7%.  British American Tobacco also fell 2.4% with concern over consumer demand from China.  US markets were subject to profit taking after a strong Monday session.  US jobs data this week will maybe give the US markets some stability while we look forward to US earnings season next week.

Posted in Morning note

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