Today we are taking a look at:

  • Flows remain light, liquidity remains thin in the local context, marginal foreign buying of local bonds in the past day
  • This morning we find the rand trading at 13.3200, while easing geopolitical tensions prompt the dollar stronger
  • Gold eases on profit-taking; oil maintains weakening trend as OPEC stockpiles rise and EIA expects bumper shale oil stockpiles next month
  • Risk on environment returned and lifted global markets as geopolitical concerns ease