Today we are taking a look at:

  • Commodity currencies persist with medium term rally, but volatility and momentum indicators appear stretched
  • USDZAR traded stronger, currently at R13.43/$; Dollar loses ground against global majors; euro marginally stronger
  • Top 40 index slumps 1%, with only industrial stocks resilient; US equities mixed, Asia mostly positive this morning
  • Chinese current account surplus narrows sharply in 2016; Japanese money supply growth upbeat in January