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POLAND

Wibor Rates

HUNGARY

Bubor Rates

STIR FUTURES

Consolidating after yesterday's rally

HUNGARY

10Y Yield Pauses Around 6.75%

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SOUTH AFRICA
  • ZAR has trade firmly against the USD today on the back of tailwinds from China, gaining 1.42% and moving through its 100dma to approach the 15.00 handle.
  • Improved terms of trade from gains in PGMs also seen supporting the move.
  • SAGBs continue to gain this week with 10-30Y yields -8-13.1bp lower on the day. 30Y yields have broken through 10.50 pivot support, while 10Y yields approach 9.70 support.
  • The Top40 index is relatively muted after a number of days of gains. Miners and Naspers supported by China RRR cuts and firm commodities.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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