SA CPI

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: 21 February 2019

By | 2019-02-21T10:31:46+00:00 February 21st, 2019|Markets and Research|

Today we are taking a look at: Volatile reaction to budget, with yields initially spiking, then slumping Local focus now drifts to rating agency reviews Global markets traded higher ahead of the release of the Federal Reserve’s minutes US FOMC minutes maintain dovish rhetoric; SA CPI surprises to the downside and budget speech downbeat [...]

Daily Market Commentary: 24 January 2019

By | 2019-01-24T08:56:18+00:00 January 24th, 2019|Markets and Research|

Today we are taking a look at: SA bonds yields rally on support from offshore flows, despite Eskom noise USDZAR holds steady WTI held losses below $53 a barrel as outlook for global economic growth darkened with signs of rising U.S. crude inventories Global growth and US-China trade concerns continue to weigh on markets. US [...]

Daily Market Commentary: 22 November 2018

By | 2018-11-22T09:18:25+00:00 November 22nd, 2018|Markets and Research|

Today we are taking a look at: Some position squaring ahead of the US holiday resulted in a rally in SAGB yields, markets remain cautious ahead of SARB rate decision today Local FX market remains fixated on SARB MPC meeting this afternoon, ZAR posts strong gains on expectations of a SARB hike Brent remains low, [...]

Daily Market Commentary: 25 October 2018

By | 2018-10-25T08:42:43+00:00 October 25th, 2018|Markets and Research|

Today we are taking a look at: After torrid MTBPS, SAGB yields sharply higher while rand has sold off The rand firmly on the back foot after the MTBPS Gold continues higher, with the oil price sharply lower A pessimistic outlook on the global economy and weak earnings out of the US weighed on investor [...]

Daily Market Commentary: 20 September 2018

By | 2018-10-24T09:27:58+00:00 September 20th, 2018|Markets and Research|

Today we are taking a look at: SAGBs rally after lower CPI print; MPC this afternoon is the focus, FRA market pricing in 20% chance of a hike USDZAR supported by dollar weakness, markets await SARB interest rate decision today; global majors range-bound Weaker dollar props up commodity prices Trade concerns were pushed aside, and [...]