oil

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 [...]

Daily Market Commentary: 20 March 2019

By | 2019-03-20T08:57:41+00:00 March 20th, 2019|Markets and Research|

Today we are taking a look at: ‘Risk-off’ as market remains concerned over Brexit and awaits Fed, SAGB yields higher Market focus now on the FOMC, USDZAR continues to lose ground as a result of local Eskom woes Oil’s rally stuttered after China is said to be pushing back against American demands in trade negotiations, [...]

Daily Market Commentary: 19 March 2019

By | 2019-03-19T08:54:22+00:00 March 19th, 2019|Markets and Research|

Today we are taking a look at: Sideways moves in FX and FI markets as the market waits for the Fed interest rate decision tomorrow USDZAR holds steady sub 14.5000 Oil held gains near the highest level this year after OPEC and its partners committed to continue production cuts until at least June Our Top40 [...]

Daily Market Commentary: 18 March 2019

By | 2019-03-18T10:06:01+00:00 March 18th, 2019|Markets and Research|

Today we are taking a look at: SAGBs follow ZAR, yields decline on Friday, supported by USD weakness The rand holds steady despite ongoing woes at Eskom Oil retreated for a second session after Saudi said the job of balancing the market was “nowhere near complete.” Value traded jumped to R43.5bn due to index rebalancing activity with [...]

Daily Market Commentary: 15 March 2019

By | 2019-03-15T09:25:22+00:00 March 15th, 2019|Markets and Research|

Today we are taking a look at: SAGBs underperform swaps yesterday, local headlines fuel speculative selling The rand continues to trade on the back foot Oil traded near a four-month high as it headed for a second weekly gain, before OPEC+ meeting Asian markets shrugged off the weakness seen in US markets and the news [...]

Daily Market Commentary: 14 March 2019

By | 2019-03-14T09:10:26+00:00 March 14th, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally marginally intraday, market cautious ahead of Moody’s and SARB next week USDZAR once again trading on the back foot Oil continues to climb on supply concerns; gold continues to rally on trade and growth concerns Global equity markets gained with energy shares benefiting from the higher [...]