South Africa’s latest manufacturing purchasing managers’ index (PMI) report will dominate the domestic data docket.
South Africa and the US are expected to announce their latest employment statistics while China’s manufacturing update will be closely watched.
New data has shown that the manufacturing sector has contracted for the fifth month in a row, while new vehicle sales came under pressure yet again.
The purchasing managers index has dropped to a near five-year low as a four-month long strike in the platinum belt continues.
PMI readings from around the world, America’s jobs report and central bank meetings will keep investors on their toes in the final quarter of 2012.
Government bonds have firmed, taking yields on the longer-dated bonds to multi-month lows due to hefty offshore demand.
