Today we are taking a look at:

  • US yield curve flattens for the YTD as short end yields rise faster than long-end, likely to persist as inflation and interest rate expectations rise
  • Rand trades weaker on generalised dollar strength, majors slide, eyes on US NFP data on Friday ahead of FOMC next week
  • JSE closes flat after choppy trade, US markets mixed on US rates caution, Asia mostly weaker this morning
  • SA business confidence eases in February; Chinese trade balance slumps as imports surge, Chinese CPI lower than expected; US private payrolls surge in February