Rand trading at 17.70
Traded in Asia between 17.67 and 17.72
Euro at 0.9963 17.6219
Gbp at 1.1378 20.1198

US markets closed down 1.01,%
Japans markets down 1.4%
Chinese markets down 0.5%

Rand traded yesterday between 17.63 and 17.81 and broke via the 17.80 level briefly on a stronger USD.
Locally we have our CPI numbers for August out today . Forecast is 7.5% , down from 7.8% previously.

Sweden raised rates by 1% yesterday, and warned of more rate hikes to come.

Main focus tonight is the US FOMC meeting. Markets have priced in a 81% chance of a 75bps rate increase, with a 19% chance of a 100bps increase. FED has raised rates by 75bps in both the prior meetings.
The post meeting comments will be watched, with no rate cuts expected until 2024.

GBP remains close to 37 year lows at 1.1375 , with markets undecided if the BOE will hike by 50 or 75 bps tomorrow.

Gold trading at $ 1 663
USD index at 110.235
US 10 YT at 3.5571
Brent at $ 91.02

Support levels are 17.59 , 17.50 and 17.40
Resistance at 17.79 , 17.89 and 18.01

Regards Standard Bank Global Markets