Today we are taking a look at:

  • Large foreign inflows into local bond market yesterday to the value of R1.36 billion
  • Local GDP provides support for the rand
  • Gold remains elevated amid geopolitical risks; Brent surges as refineries in Texas reopen after hurricane
  • US stocks slide as traders return from the long weekend to increased tensions between the US and North Korea
  • SA GDP growth beats expectations in Q2 due to low base effects; Eurozone retail sales growth eases; US capital spending rebounds in July