Today we are taking a look at:
- EM FX performance led by ZAR, RUB,BRL and stands in stark contrast to muted commodity FX performances
- Rand fails on foray to the downside heads higher on weaker risk appetite overnight, dollar on back foot supporting majors
- JSE closed for local public holiday, US markets sharply lower leading Asia negative this morning
- UK CPI extends further expected to remain elevated; US Current account deficit narrows; Japanese trade surplus extends
- SA foreign flows post lacklustre performance last week, marginal net outflow
