Today we are taking a look at:

  • SA CPI eases sharply as food, transport and miscellaneous prices ease, most subcomponents seen disinflating
  • USDZAR continues to post gains ahead of the MPC, dollar eases overnight
  • Top40 snaps a 5 day winning streak and closed down -0.5%. European markets were mixed. Dollar and US bonds slip after Fed minutes with S&P500 at record high. Asia shares are firmer
  • US FOMC minutes marginally hawkish, uncertain over medium term interest rate outlook