This week’s key data release comes from the United States, where CPI YoY figures are published tomorrow. The market expects inflation to remain unchanged at 2.7%.
Turning to South African markets, the Rand is trading at 16.4736, slightly up from last week. The 2-year swap stands at 6.355, with the 3-year at 6.375. Commodity prices remain strong, led by gold at USD 4,578.98, while other precious metals are following similar upward trends.
