Today we are taking a look at:

  • SA mining and manufacturing production growth sharply lower in July on the back of falling demand
  • Dollar strength leads USDZAR sharply weaker, at R14.13/$ this morning; global majors weaker
  • Top 40 declines by 0.4 %, led by healthcare and energy stocks; US equities downbeat, dragged down by tech stocks; Asian markets marginally firmer this morning
  • US data upbeat; ECB leaves benchmark interest rate and asset purchase programme unchanged; Chinese trade surplus narrows, inflation slumps