Today we are taking a look at:
- Global food prices rise, despite falling US grain prices; SA maize price remains elevated on an annualised basis, agricultural sector still in contraction due to drought
- Dollar remains strong, global majors continue lower as a result; USDZAR maintain weak trend, R14.30/$ this morning
- Top 40 slumps 1.2%, led by financials and industrials; US equities mixed amid continued political uncertainty; Asian markets mostly lower this morning
- Eurozone industrial production growth eases amid a decline in durable goods production
- Largest weekly outflow of bonds and equities since 2008, as global bond rout intensifies