Monthly Insights: March 2019

By | 2019-03-11T13:20:38+00:00 March 11th, 2019|Finance, General, Watch This|

  Executive Summary There has been a broad decline in inflation rates across the world, including a sharp downward surprise in our own (SA) inflation print for January. Lower energy prices, a decline in raw material and machinery costs, as well as falling demand-pull inflation have been key reasons for the falling inflation trajectory [...]

Daily Market Commentary: 14 January 2019

By | 2019-01-14T09:33:09+00:00 January 14th, 2019|Markets and Research|

Today we are taking a look at: Yields higher, front end reprices sharply but remains relatively illiquid Emerging markets hold onto gains made in the week Oil extended its retreat as investor appetite for risk assets shrank and uncertainty persisted over how much OPEC output will need to be cut to counter booming Asian markets [...]

Monthly Insights: November 2018

By | 2018-11-09T10:44:14+00:00 November 9th, 2018|Markets and Research, Watch This|

    Executive Summary ·   SA’s real economy has presented mixed signals in the high-frequency prints we have seen thus far for Q3. Mining production is likely to represent a key drag on Q3 real GDP growth, while manufacturing production surged by 1.9% in the three months to August and likely contributed positively [...]

Daily Market Commentary: 1 October 2018

By | 2018-10-01T08:52:56+00:00 October 1st, 2018|Markets and Research|

Today we are taking a look at: SAGB yields range bound but low, fair amount of apprehension towards EMs, given developments in Italy and Argentina ECB Finance ministers discuss currency measures Gold and oil rallies further, driven by a dip in the dollar and concerns around oil supplies The local Top40 closed down -0.6, European [...]

Daily Market Commentary: 20 September 2018

By | 2018-10-24T09:27:58+00:00 September 20th, 2018|Markets and Research|

Today we are taking a look at: SAGBs rally after lower CPI print; MPC this afternoon is the focus, FRA market pricing in 20% chance of a hike USDZAR supported by dollar weakness, markets await SARB interest rate decision today; global majors range-bound Weaker dollar props up commodity prices Trade concerns were pushed aside, and [...]

Daily Market Commentary: 1 August 2018

By | 2018-08-01T08:57:22+00:00 August 1st, 2018|Markets and Research|

Today we are taking a look at: SAGBs struggle to follow the strong ZAR, but yields decline across the curve, albeit marginally Rand loses ground on ANC announcement of fast-tracking land reform Stronger dollar weighs on gold and oil Global markets trade mostly firmer, buoyed by strong earnings numbers and on a report that the [...]