Today we are taking a look at:

  • Subdued inflows into the local bond market yesterday
  • Dollar marginally stronger this morning, USDZAR remains weak, politics continues to weigh on sentiment
  • Gold sharply lower as a result of a stronger dollar; Brent close to the weekly lows
  • Yesterday the global sell-off gained momentum; The JSE as well as its European and American counterparts all closed firmly in the red; This morning Asian markets are showing signs of a recovery after a shaky start
  • US inflation and retail activity slows; Eurozone trade surplus rises as imports fall; SA retail sales continue to defy expectations, sales growth surges in September