Today we are taking a look at:

  • Very strong auction in SA except the 2048s which cleared higher
  • Market focus remains on the local political landscape
  • Gold declines sharply in NY session; although easing, the Brent price still remains at elevated levels
  • Global resource counters are trading lower while local banking names caught a bid
  • Eurozone retail sales slows sharply in October; SA growth beats expectations but downside risks remain