Today we are taking a look at:

  • Interest Rate Barometer results: 70 % probability for no changes in the interest rate by the SARB this week
  • USDZAR continues to head stronger, at R14.00/$ this morning; global majors tightly range-bound ahead of Fed tomorrow
  • Top 40 rises marginally, due to gains in financials; US equities marginally lower; Asian markets consequently negative this morning
  • Eurozone current account surplus narrows

SA foreign flows post marginal outflow last week