Today we are taking a look at:

  • SA’s current account deficit narrows in Q2, led by the trade account; household incomes rise, government external debt rises
  • Dollar strength leads global majors weaker; USDZAR weaken by 25-cents, to settle close to R14.41/$ this morning
  • Top 40 ends flat, gains in financials offset losses among resource stocks; US equities sharply lower on the back of energy stocks; Asian markets mostly weaker this morning

US Budget deficit widens; UK CPI and PPI supported by services and manufactured input prices; employment growth unchanged in the Eurozone, investor sentiment rises