Moody’s

Monthly Insights: April 2019

By | 2019-04-08T16:27:12+00:00 April 8th, 2019|Finance, General, Watch This|

  Executive Summary Despite the recent uptick in the international Brent price, it is still 2% lower than it was a year ago. Global growth is easing, and demand-pull inflation is receding, dampening the global inflation trajectory. Furthermore, global commodity prices remain low because of the slowdown in key consumer, China. All these [...]

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 [...]

Daily Market Commentary: 1 April 2019

By | 2019-04-01T11:36:47+00:00 April 1st, 2019|Markets and Research|

Today we are taking a look at: Offshore quarter end inflows result in SAGB yields sharply lower on the day USDZAR recovers after Moody’s review Oil extended gains on signs China is stabilizing, and as investors hope for a breakthrough in U.S.-China trade talks that will resume this week Asian markets are seeing gains this [...]

Daily Market Commentary: 29 March 2019

By | 2019-03-29T07:33:16+00:00 March 29th, 2019|Markets and Research|

Today we are taking a look at: Bull steepening with bonds outperforming swaps after what is being seen as a dovish MPC All eyes on Moody’s Oil headed for its best quarter in almost 10 years as the OPEC+ coalition’s production cuts and the loss of barrels due to U.S. sanctions on Iran and Venezuela [...]

Daily Market Commentary: 27 March 2019

By | 2019-03-27T08:02:50+00:00 March 27th, 2019|Markets and Research|

Today we are taking a look at: Risk trading poorly raises SAGB yields marginally, markets await SARB and Moody’s event risks later this week USDZAR trades cautiously ahead of event risks Oil held gains near a four-month high after Russia reaffirmed its commitment to production cuts by the OPEC+ coalition SNH announced an accelerated bookbuild [...]

Daily Market Commentary: 22 March 2019

By | 2019-03-22T10:03:12+00:00 March 22nd, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally sharply as the Fed pauses interest rate hikes, investors search for yield pick-up Local focus now shifts to Moody's Oil hovered near a four-month high as a rising dollar capped crude’s rally; Gold is poised for a third straight weekly gain as investors assessed the Fed’s [...]