Today we are taking a look at:

  • SA CPI in line with forecasts, lower transport inflation eases CPI profile, food inflation remains elevated
  • USDZAR strengthens to R13.54/$ this morning; dollar weakens after Fed, global majors supported this morning
  • Top 40 slumps 1.29%, led by industrials and financials; US equities upbeat after Fed leaves rates unchanged; Asian markets follow positive this morning
  • UK budget posts deficit in August; Fed on hold for now but leaves door open to December hike