Today we are taking a look at:

  • Flows remain light, no inflows into the bond market over the past day
  • USDZAR continues to hold steady in quiet markets
  • Gold and oil remain range-bound as markets watch geopolitical headlines
  • The JSE extended gains; European markets snapped a 3- day losing streak and US shares rallied on news that the Trump administration is making progress with tax reforms; Asian markets are mostly higher
  • SA leading index signals tepid growth; UK budget balance improves in July; Eurozone investor sentiment eases