Trading expected to be quietSA trading is expected to be very quiet this week, with liquidity on the thin side... Source: Pixabay Rand update Commodity updateMetal prices all closed a touch firmer yesterday and are trading flat this morning except for Palladium which is down by 1.0%. Gold is quoted at $1,811, Platinum at $974, and Palladium at $1,956. The price of oil continues to rise as Omicron fears subside. Brent is sitting at $78.72 and WTI at $75.77. International updateThe DXY index sits unchanged at 96.08, with the dollar trading flat against the euro and Pound at 1.1328 and 1.3440, respectively. US bond yields are a touch lower at 1.88% for the 30y-yield and at 1.47% for the 10y-yield. US equity futures have opened marginally softer while Chinese stocks are weaker, but Japan's Nikkei closed 1.0% stronger. |