Today we are taking a look at:

  • SA trade data reflects normalisation of activity levels and restocking after seasonal December slowdown, imports and deficit surges as a result
  • Dollar rallies sharply after Trump speech despite a lack of details, global majors and EM FX lose ground, USDZAR close to R13.15/$ this morning
  • Top 40 slumps 0.75%, led by resources and industrials; US equities marginally lower; Asian markets bucks the trend, upbeat this morning
  • US GDP estimate unchanged in Q4, consumer keeps economic activity levels upbeat