Today we are taking a look at:

  • Thin liquidity conditions as SAGBs tick higher amid a weaker ZAR
  • Despite broad based dollar weakness the rand remains vulnerable
  • Gold and oil remain elevated, due to weaker dollar and continued commentary from OPEC
  • Global markets are mixed driven by corporate earnings and economic data
  • SA trade balance posts wider surplus in June as imports slump; Eurozone unemployment rate declines in June, inflation subdued