Today we are taking a look at:

  • Global manufacturing conditions are mixed, with expectations for global demand to support PMI in coming months
  • Dollar eases overnight, supporting most majors; USDZAR traded within a 10-cent range, currently at R13.32/$
  • Top 40 marginally higher, led by industrials; US equities marginally higher; Asian markets mixed this morning
  • SA new vehicle sales contracts sharply in April, exports also extremely weak
  • Foreign flows post outflow in shorter workweek