Today we are taking a look at:

  • Despite a stronger rand, rates were disinterested in very lacklustre trade, this morning we open 5bps stronger
  • The rand stages late recovery despite a very strong US dollar, majors downbeat
  • Gold price marginally higher, Brent crude price continues to fall as Russia increases oil output
  • US markets advanced ahead of earnings season with the likes of JP Morgan and Citigroup reporting today
  • SA mining and manufacturing data mixed, but slightly better in May; US inflation rises; Eurozone industrial production boosted by German output

If you are looking for more relevant market commentary, have a look at our other Markets and Research.