Today we are taking a look at:

  • SAGBs continue to trade very weak, especially the curve, as locals retreat to the side-lines and fast money chase bids which are few and far between
  • USDZAR weakens at the end of the week due to concerns over land reform policy
  • The gold price rallies on the back of a weaker dollar, the oil price continues to ease as markets focus on US supply
  • Global stocks rattled by Trump’s import tariff announcement
  • Eurozone PPI sharply lower in January
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