Today we are taking a look at:

  • Offshore investors continue to de-risk, resulting in higher SAGB yields yesterday
  • The dollar remains resilient, global majors weaken, EM FX remain under pressure
  • Gold continues to edge lower; Oil remains close to $80/bbl. level
  • The JSE ends lower, with banks and telecoms weighing.  The FTSE 100 closed at a record high, while US markets edge lower. Asian markets are trading mostly firmer this morning
  • US leading indicator remains upbeat; Japanese inflation slumps in April

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