Today we are taking a look at:

  • Global PMIs downbeat in August, SA PMI slumps sharply due to lower new orders
  • Dollar index weaken sharply in New York, USDZAR consequently marginally stronger this morning at R14.60/$; global majors stronger
  • Top 40 declined by 0.2 %, led by widespread losses; US markets little change after slump in PMI data; Asian markets mixed this morning

SA new vehicle sales downbeat