Today we are taking a look at:

  • Very volatile on the non-consensus cut in SA and the curve understandably bull steepens
  • Despite surprise move from the SARB, the USDZAR continues to hold steady
  • Oil trudged higher as OPEC prepares to review their production cut plan, Gold supported by a weaker dollar
  • General Retailers lead the All Share index higher
  • SARB provides surprise rate cut, ECB maintains dovishness, leaves rates unchanged, US leading index rises further
DailyMarketCommentary170721