Today we are taking a look at:

  • US nonfarm payrolls surge in April, led by services sector jobs; but continued shrinkage of available pool of labour remains a concern
  • Dollar subdued, keeping majors elevated; USDZAR strengthens form a peak of R13.70/$, at R13.47/$ this morning
  • US equities marginally higher, followed by Asian markets this morning; Top 40 up 0.56% and led by resource stocks