Rand

Daily Market Commentary: 17 January 2019

By | 2019-01-17T10:33:46+00:00 January 17th, 2019|Markets and Research|

Today we are taking a look at: Another tight range in SAGBs, and another struggle to rally, yields marginally lower yesterday Rand holds onto gains despite a resilient USD Gold held an advance in the wake of renewed Brexit turmoil Global markets digested the news that the UK’s House of Commons rejected Theresa May’s Brexit [...]

Daily Market Commentary: 7 January 2019

By | 2019-01-07T07:57:06+00:00 January 7th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields start the year on a positive note, following the UST trajectory due to equity rout Rand strengthens as risk on sentiment returns Brent continues to rally after hitting $50/bbl. low recently; gold eases after recent rally US markets saw major gains following better than expected jobs [...]

Daily Market Commentary: 12 December 2018

By | 2018-12-12T10:25:21+00:00 December 12th, 2018|Markets and Research|

Today we are taking a look at: Risk on sentiment in Asia provides a catalyst for lower SAGB yields Rand recovers some lost ground, but still remains volatile Gold remains elevated amid safe haven demand; Brent slumps further despite OPEC promises of supply cuts Reports that China’s vice premier was meeting with the US trade [...]

Daily Market Commentary: 11 December 2018

By | 2018-12-11T08:58:31+00:00 December 11th, 2018|Markets and Research|

Today we are taking a look at: Thin liquidity and risk trades poorly, causing yields to rise sharply, ZAR weaker Globally firmer dollar see’s rand woes continue Despite OPEC output cuts, oil remains close to $60/bbl.; Gold eases from intraday highs Weak Chinese data pulls equities markets lower Large outflows still a feature as foreign [...]

Daily Market Commentary: 6 December 2018

By | 2018-12-06T08:56:25+00:00 December 6th, 2018|Markets and Research|

Today we are taking a look at: The rand remains on the back foot The rand retreats as risk sells off Brent crude oil gave up some of its recent gains The JSE and global markets trade lower as slowing global growth and further trade war concerns weigh on markets; Asian tech stocks fall sharply [...]