Today we are taking a look at:

  • Front-end bond yields rally sharply, ignoring FX weakness
  • Local factors weigh on the rand, euro and majors largely range-bound ahead of China-US trade talks
  • Both gold and oil prices remain downbeat amid strong dollar
  • Global markets turn positive as solid earnings reports and news of upcoming trade talks between China and the US lift market sentiment
  • US housing data improves recently; Eurozone trade surplus narrows, UK retail sales upbeat

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