US markets closed in positive territory on Friday with the S&P 500 Index on another record high. Asian markets are trading slightly firmer this morning, but with the US market closed today, we expect trading volumes to be thin. The Rand was last quoted at R10.66/$, with the gold price trading at $1,287 an ounce. FTSE futures are trading +0.2%.
Key macro events:
- US: Markets closed - Labor Day holiday
- China: Manufacturing PMI
- Japan: Manufacturing PMI