Rand

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 [...]

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: 6 March 2019

By | 2019-03-06T08:56:14+00:00 March 6th, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally after local GDP print, carry remains king and SAGBs are still attractive to offshore Rand trading on the back foot as dollar strengthens Oil extended a decline after an industry report showed a massive increase in crude stockpiles, reviving fears of a global glut The local [...]

Daily Market Commentary: 5 March 2019

By | 2019-03-05T08:46:44+00:00 March 5th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields remain elevated in line with the currency, as markets await any communication about a US-China trade deal The rand holds steady around the 14.20 level Oil gave up some of its gains on the prospect of output recovering from unexpected disruptions in some OPEC members Global [...]