Today we are taking a look at:

  • Marginal inflows yesterday, but last week saw R3.4 billion foreign bond inflows
  • Global focus on the North Korean military activity
  • Geopolitical tensions elevated and supportive of gold as North Korea fired missile over Japan, Brent sharply lower in US session
  • Global equity markets were mixed and missile over Japan by North Korea likely to dominate activity
  • Japanese data disappoints, with household spending contracting in July
DailyMarketCommentary170829