Today we are taking a look at:

  • Limited activity in the bond market, bond yields marginally higher
  • Local focus now on the outcome of the MPC
  • The gold and oil prices remains range-bound – markets pause after overnight move
  • Global markets experienced choppy trading and closed mostly lower as investors reacted to the decline in U.S; Retail sales data which indicated that consumer spending is slowing down
  • US retail sales disappoints, PPI marginally higher; Eurozone industrial activity wanes in January; SA Business confidence index sharply higher in 1Q18