Today we are taking a look at:

  • Overnight selling pressure saw the rand trading towards 13.90; Bond yields backed up across the curve with the front end seeing the largest move
  • The rand firmly on the back foot
  • Oil prices lower on expectations that producer cartel OPEC and key ally Russia will gradually increase output after withholding supplies since 2017
  • Reignited trade war fears drag global equity markets lower

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