Today we are taking a look at:

  • SAGBs held in reasonably well as both offshore and local real capped yields, but the market closed very poorly
  • Local unit succumbs to news headlines; stronger dollar keeps majors downbeat
  • Oil slips to November low as Libya resumes output and tanker storage rises to January high
  • Brent crude oil bear market dragged equity markets lower
  • SA leading indicator slumps, current account deficit widens as dividends fall; Eurozone current account surplus slumps as German current account surplus halves; US current account deficit widens