Today we are taking a look at:

  • S.A. bonds trade 10bps weaker yesterday, driven by a stronger USD and weaker USTs
  • The current Dollar recovery has the Rand on the back foot
  • Gold price declines on the back of dollar strength; Brent crude extends decline on concerns
    that US stockpiles may expand again
  • Global markets retreat after recent strength, the Fed begins 2-day policy meeting
  • US PCE eases in December, consumer spending still strong;
    Japanese data disappoints across the board this morning