Today we are taking a look at:

  • Risk traded well gave SA rates outperformance yesterday, and brought us down to and eventually through the big 8.50 level on R186s
  • The rand posts a robust performance
  • Oil prices rose to fresh highs for the year after a U.S. official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations.
  • Global equity markets rally on PMI data
  • SA manufacturing PMI slumps further in March; US retail sales disappoints; Global PMIs tick higher in March following loose monetary policy response

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