Today we are taking a look at:

  • Range bound day in SAGBs despite the weaker currency
  • All eyes on the US data this afternoon
  • Oil is heading for the biggest weekly advance since mid-July as stockpiles shrunk more than forecast, gold held the biggest decline since November 2016
  • Global markets continue to look for positives in a very flat economic backdrop. Look for some consolidation into the weekend
  • SA current account deteriorates as imports rise in Q2; US ADP payrolls sharply higher in August

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