Markets and Research

Daily Market Commentary: 12 December 2018

By | 2018-12-12T10:25:21+00:00 December 12th, 2018|Markets and Research|

Today we are taking a look at: Risk on sentiment in Asia provides a catalyst for lower SAGB yields Rand recovers some lost ground, but still remains volatile Gold remains elevated amid safe haven demand; Brent slumps further despite OPEC promises of supply cuts Reports that China’s vice premier was meeting with the US trade [...]

Monthly Insights: December 2018

By | 2018-12-11T10:59:26+00:00 December 11th, 2018|Markets and Research, Watch This|

Executive Summary ·        After sounding increasingly hawkish since its September meeting, the US Fed has come to the realisation that it may need to reassess its policy tools, and its tightening strategy. While domestic macroeconomic data remain upbeat, cracks have started to emerge in the form of a slowdown in business capex spending, tighter global [...]

Daily Market Commentary: 11 December 2018

By | 2018-12-11T08:58:31+00:00 December 11th, 2018|Markets and Research|

Today we are taking a look at: Thin liquidity and risk trades poorly, causing yields to rise sharply, ZAR weaker Globally firmer dollar see’s rand woes continue Despite OPEC output cuts, oil remains close to $60/bbl.; Gold eases from intraday highs Weak Chinese data pulls equities markets lower Large outflows still a feature as foreign [...]

Daily Market Commentary: 10 December 2018

By | 2018-12-10T10:18:11+00:00 December 10th, 2018|Markets and Research|

Today we are taking a look at: Risk stable in Asia but holding at weak levels after the post-payrolls rout in the US; the beleaguered ZAR trades up at 14.1300 area this morning, and SAGBs open weaker in line USDZAR on the back foot in line with EM peers Gold supported by a weaker dollar; [...]

Daily Market Commentary: 7 December 2018

By | 2018-12-07T08:32:35+00:00 December 7th, 2018|Markets and Research|

Today we are taking a look at: Bonds were on the back foot yesterday with the R186 trading back above 9.05% Market focus today on the U.S data releases Brent crude oil extended losses to below $60/bbl, trading this morning at $59.60 Global markets were rocked by the arrest of Huawei’s CFO, with investors concerned [...]

Daily Market Commentary: 6 December 2018

By | 2018-12-06T08:56:25+00:00 December 6th, 2018|Markets and Research|

Today we are taking a look at: The rand remains on the back foot The rand retreats as risk sells off Brent crude oil gave up some of its recent gains The JSE and global markets trade lower as slowing global growth and further trade war concerns weigh on markets; Asian tech stocks fall sharply [...]