Daily Market Commentary: 26 February 2018

Today we are taking a look at:

• Healthy demand for biggest switch auction on record, at R23 billion, NT switches R204, Risk-on and lower US yields give SA a good start to the week in the Asian open
• Focus on any possible Cabinet changes; USDZAR continues to strengthen
• Gold price rebound amid a weaker dollar; Brent remains elevated
• Global equities rally ahead of new Fed governors testimony on Tuesday
• Eurozone CPI eases to 1.3% y/y in January