Today we are taking a look at:

  • Chinese foreign reserves fall below $3 trn for the first time since 2011, China raises lending rates before Lunar New Year holiday
  • Rand trades generally weaker yesterday, market cautious ahead of SONA, euro slips
  • Top 40 index flat, industrial stocks key outperformers; US equities positive but closes off day’s highs; Asian markets mixed
  • German industrial production contracts in December; SACCI business confidence sharply higher; US data mixed, trade deficit narrows while consumer credit growth weak;
    Japanese current account surplus narrows