Trial now
BONDS

Day ahead

SOUTH AFRICA

Local Press Warns Transnet Could Become Next Eskom

SILVER TECHS

Eyeing Key Resistance

WTI TECHS

(Z1) Bulls Pause For Breath

AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Aug11 close $0.7893, Aug14 Asia range
$0.7876-0.7919, Europe 0.7869-98
*Despite remarks from RBA Assistant Governor Kent that said it will be some time
before rates normalise, aussie-dollar extended its recovery overnight amid an
improving risk appetite
*Rate squeezed to $0.7919 before fading to hold $0.7895-0.7915 for the balance
of the session
*The quiet theme initially spilled over into Europe, volumes remained light held
to narrow range trade
*Early demand interest touched $0.7898, but with lack of follow through was
quick to pare gains
*Renewed dollar buying extended the corrective pullback through the Asia low to
$0.7869, before dip buyers cushioned falls
*On the downside bids are reported at $0.7850, a break opens $0.7840/39 (Jul17
high now support, Aug11 low). Aussie last $0.7874.