Today we are taking a look at:

  • A stronger USD and higher UST yields give us a weaker opening this morning in SAGBs
  • Rand holds steady as the dollar rebounds, global majors weaker this morning
  • Both gold and oil prices continue lower, but remains close to the monthly highs, markets watch geopolitical developments closely to determine safe haven demand
  • Easing geopolitical tensions and weaker than expected hurricane Irma lifts global markets
  • Last week saw biggest weekly equity outflow ever recorded, investor complacency is still rife as CDS spread continues on a down-trend