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Euro Area core inflation fell in September to 4.5%, as expected, leaving the single currency vulnerable to further moves against the US dollar.

Risk Assets continued their struggle today but did post late session recovery, as Gold prices felt the full weight of rising US Yields. Will the recovery late in the US session gain any traction?

Gold and Silver managed to recover toward the end of the week despite broad-based US Dollar strength. Further upside looks likely, but a host of technical hurdles may prove a difficult hurdle for the commodities to navigate.

The ‘Hawkish” Fed pause put an end to an excellent rally for Gold this week. The precious metal dropping around $30 since the FOMC meeting with further downside growing more likely in a higher rate environment.

The South African Reserve Bank MPC Meeting is tomorrow where the Central Bank is largely expected to keep rates steady. Given all the intrigue locally around the Reserve Bank i thought we could take a look at the history, mandate and policy of SARB