Today we are taking a look at:

  • SAGBs continue to rally on the back of recent announcement of weekly auction size reduction by NT, despite markets remaining cautious due to US tariff hikes materialising
  • Local FX markets continue to trade cautiously ahead of Moody’s review today
  • Gold and oil remains elevated amid concerns over steep US trade tariffs which could start a trade war
  • Naspers weighs heavily on the JSE, while trade war fears put pressure on global markers
  • SA retail sales disappoints in January; BOE remains hawkish, markets price in a rate hike in May; US leading index continues to rise; Japanese inflation higher in February