Today we are taking a look at:

  • EM FX may have scope for further gains, Commodity FX basket remains within 2016 bull channel, gains in LMEX to test resistance
  • Rand manages to hold onto gains, majors subdued and range bound
  • JSE tracks global markets lower, US markets continued in the red, Asia mixed to positive post US presidential debate

US New home sales beat market expectations but remain in decline in August after surge in July