Traders Corner

on . Posted in News Flash

We expect a reversal today following weak US markets and Asia also struggling this morning. Tencent is taking a bit of a breather with miners trading higher in Australia, while the Rand is slightly weaker at R10.77/$ and gold at $1291 an ounce. FTSE futures are pointing 0.4% lower.

Key macro events today:

    • US: MBA Mortgage applications
  • US: Trade balance