Today we are taking a look at:

  • SAGBs trade in a tight range yesterday, markets cautious ahead of MTBPS
  • USDZAR stages significant recovery over the most recent sessions
  • Gold maintains upbeat momentum as dollar remains weak, Brent rises as OPEC comments on inventory overhang dissipating
  • The JSE ends lower, following nine consecutive sessions of gains; The FTSE and DAX close at record highs, with US markets closing modestly lower; Asian markets trading higher on strong Chinese economic data
  • Eurozone industrial activity remains strong; S.A mining production growth rebounds strongly in August