Today we are taking a look at:

  • Foreign investors sell R1.37 billion of bonds on Friday and over R8 billion for the week
  • Market focus now largely only on the outcome of the ANC NEC
  • The gold price remains subdued, although Brent crude remains elevated,  it has eased marginally as US oil rig activity rose
  • The JSE ended lower for a fourth session; Global markets were rattled by the news that Michael Flynn the former national security advisor has lied about meeting with the Russian ambassador; European and US markets ended lower; Asian markets are mixed this morning
  • Global PMI’s recover in November, led by the Eurozone