emerging markets

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 [...]

Daily Market Commentary: 10 January 2019

By | 2019-01-10T09:11:08+00:00 January 10th, 2019|Markets and Research|

Today we are taking a look at: ·         Risk assets supported by a weaker dollar, cautious Fed ·         Emerging markets rally post FOMC minutes ·         Oil continues to rally as OPEC set to achieve production cuts; Gold continues to rally ·         The Top40 closed up +2%, Europe added +1% and FOMC pushed US markets to close in the black [...]

Monthly Insights: September 2018

By | 2018-09-11T14:32:59+00:00 September 11th, 2018|Finance, General, Markets and Research, Watch This|

  Executive Summary ·        SA GDP growth is expected to rebound, albeit marginally, in 2Q18, mainly as a result of the low base effect afforded by the deep 1Q18 contraction. The Nedbank Group Economic Unit forecasts 2Q18 growth at 0.2% quarter-on-quarter, before recovering modestly in the following two quarters. ·        A burning issue at the moment [...]

Daily Market Commentary: 6 September 2018

By | 2018-09-06T08:49:44+00:00 September 6th, 2018|Markets and Research|

Today we are taking a look at: Yields unchanged but elevated, risk-off continues Emerging market FX remain on the back foot, led by the ZAR over the past week Gold marginally higher, Brent price remains low, weighed by rising US stockpiles On-going trade tensions and concerns surrounding emerging market currencies weigh on markets Eurozone retail [...]

Daily Market Commentary: 4 September 2018

By | 2018-09-04T09:06:29+00:00 September 4th, 2018|Markets and Research|

Today we are taking a look at: Risk-off continues, with SAGBs sold off, however, market opens stronger this morning Emerging market woes persist, dollar remains strong Gold hovers around $1200/oz., Brent continues to rally as Iranian exports curtailed by US sanctions Global markets lack direction amid the US-Canada trade talk’s and weak PMI data SA [...]

Daily Market Commentary: 31 August 2018

By | 2018-08-31T09:35:11+00:00 August 31st, 2018|Markets and Research|

Today we are taking a look at: Risk-off persists, raising SAGB yields The rand firmly on the back foot as emerging markets struggle Gold downbeat, Oil remains elevated as US stockpiles decline MTN and NPN weigh heavily on the JSE, while trade tensions drag global markets lower SA PPI rose above consensus as petroleum costs [...]