Today we are taking a look at:
- SA PMI indicates a Q3 drag, Eurozone PMI’s stabilise, Global heat map shows world still in growth doldrums but improving
- USDZAR supported despite dollar rally yesterday; global majors weaker on the back of resilient USD after positive ISM data
- Top 40 sheds 0.7% due to widespread losses; US equities negative; however Asia bucks the trend this morning – Asian equities upbeat
- SA vehicle sales remain remarkably depressed for 10th consecutive month of declines
- Foreign flows sharply negative last week, led by ongoing equity outflows