Markets and Research

Daily Market Commentary: 10 April 2019

By | 2019-04-10T08:20:57+00:00 April 10th, 2019|Markets and Research|

Today we are taking a look at: SAGBs trade well as EM FX supported by some global risk-on as markets await a trade deal between the US and China USDZAR strengthens in line with EM FX, focus today will be on the ECB meeting and FOMC minutes Oil edged higher as speculation that supplies will [...]

Daily Market Commentary: 9 April 2019

By | 2019-04-09T07:56:52+00:00 April 9th, 2019|Markets and Research|

Today we are taking a look at: A slow start to the week for SAGB’s, narrow range with yields marginally higher Annual World Bank and IMF meeting begins Oil extended gains to the highest since early November as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone [...]

Daily Market Commentary: 8 April 2019

By | 2019-04-08T09:06:34+00:00 April 8th, 2019|Markets and Research|

Today we are taking a look at: Quiet session for SAGBs on Friday, but good liquidity post the NFP data release, yields marginally lower ZAR trades with a firmer bias ahead of payrolls report; thereafter giving back most gains as a result of upbeat employment Oil extended gains after capping its best week in almost [...]

Daily Market Commentary: 5 April 2019

By | 2019-04-05T08:21:38+00:00 April 5th, 2019|Markets and Research|

Today we are taking a look at: Slow day for SAGBs, with muted trading range, yields marginally higher despite a stronger rand Focus today on the US data Oil headed for the longest weekly winning streak since November 2017 after Venezuelan output dropped and on growing optimism that trade talks between the U.S. and China [...]

Daily Market Commentary: 4 April 2019

By | 2019-04-04T08:15:06+00:00 April 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields track ZAR, fairly muted range in quiet trading day Rand holds steady around the recent lows Oil prices dipped on Thursday, with Brent edging away from the psychologically important $70 level after easing in the previous session on data showing a surprise build in U.S. inventories [...]

Daily Market Commentary: 3 April 2019

By | 2019-04-03T08:22:14+00:00 April 3rd, 2019|Markets and Research|

Today we are taking a look at: A strong auction on improving risk appetite gained momentum until the Moody's headlines hit and R186s bottomed out at 8.42 and ZAR at 14.0750, before both rates and FX bounced aggressively to close poorly Foreign exchange markets hold steady Oil rallied for a fourth day, rising with other [...]