Today we are taking a look at:

  • US NFP data disappoints, but unemployment rate falls as the size of the workforce contracts, participation rate unchanged
  • Dollar remains bid on the back of geopolitical tensions fuelling safe-haven demand; global majors downbeat, USDZAR maintain weakening bias
  • Top 40 declines 0.18%, weighed by resources stocks; US equities marginally lower due to disappointing NFP; Asian markets mostly positive this morning
  • Fitch downgrades SA sovereign into sub-investment grade; Japanese current account surplus widens; UK data disappoints