Today we are taking a look at:

  • Dollar index maintains annualised strengthening trend, but near term risk rally weighs on safe haven currencies
  • USDZAR range-bound due to thin liquidity, at R13.07/$ this morning; global majors stronger as the dollar comes under pressure
  • Global equity markets continue on the risk rally, US and Asia upbeat; Top 40 rises on the back of broad based gains
  • US housing market data upbeat; SA leading indicator rises as a result of higher commodity prices