Today we are taking a look at:

  • Gold pauses at current levels, in line with aggregate open interest; underperforms relative to platinum
  • Weaker dollar prompts global majors stronger, USDZAR significantly stronger on thin liquidity
  • Top 40 rises marginally, led by resources and financials; US equities marginally positive; Asian markets mixed this morning
  • SA business confidence rises marginally in July; Global economic data broadly positive