The rand recovers to trade beyond the 13.60 technical support. Benchmark crude oil contracts continue to rise; PGM’s are mixed.
Currencies Rand posts small gains overnight. Commodities Oil was steady near a three-week low; Gold gained in early Asia trade Equities Global markets trade cautiously ahead [...]
Today we are taking a look at: Weak day for SAGBs and ZAR as month-end rebalancing begins early, WGBI-related rebalancing likely to exacerbate moves, as SAGBs [...]
Today we are taking a look at: Dollar resilience persists; weighing on majors, but euro bucks the trend this morning, strengthening marginally; USDZAR at R13.35/$ this [...]
Today we are taking a look at: Dollar rebounds, weighing on global majors and EM FX, USDZAR weakens to R13.35/$ this morning US equities marginally positive; [...]