Today we are taking a look at:

  • SAGBs rally marginally intraday, market cautious ahead of Moody’s and SARB next week
  • USDZAR once again trading on the back foot
  • Oil continues to climb on supply concerns; gold continues to rally on trade and growth concerns
  • Global equity markets gained with energy shares benefiting from the higher oil price
  • SA business confidence continues to fall; US PPI eases, durable goods orders recover; Eurozone industrial output contracts

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