Today we are taking a look at:

  • Foreign activity upbeat for the week, week to date bond inflows at R2.96 bn
  • Rand remains steady into the close of the week
  • Brent remains subdued, falling to $50/bbl. intraday; Gold supported over the past day as dollar remains volatile
  • Global markets trade lower, with on-going political turmoil in the US weighing on markets
  • Eurozone inflation still benign at 1.3%; US industrial activity disappoints in July; UK retail sales sharply lower as consumers engage in cost-cutting