Today we are taking a look at:

  • Fitch change outlook to negative but keep SA rating at BBB-, Moody’s maintain Baa2 (equivalent BBB) with a negative outlook, focus on S&P this week which we expect on hold
  • Rand opens stronger this morning on ratings news and a softer dollar supporting EM’s and majors this morning
  • Top 40 closes 0.29% higher, US markets extend gains, Asia mixed this morning
  • UK GDP growth slows in Q3 as investment slows