South African futures were softer on Tuesday, outpacing losses on the all share, despite a firmer Dow.Global markets were mixed, while the Dow opened firmer after US inflation in February met market expectations.Local miners, retailers and rand hedges were under pressure, despite a weaker dollar.Trade in US futures had been choppy earlier on Tuesday, but extended gains after US inflation for February met market expectations. These gains were pared, however, after US President Donald Trump said he would replace his secretary of state Rex Tillerson.Tillerson has had public and private differences with Trump over key national security issues, including the 2015 Iran nuclear agreement, the administration’s talks with North Korea, and the Paris climate accord, reported Dow Jones newswires.Focus on the White House is expected to continue as the US gears up for talks with North Korea, and pursues a more aggressive policy towards China in a bid to reduce the US trade deficit.Locally, Statis...
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