SA CPI

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 [...]

Monthly Insights: September 2018

By | 2018-09-11T14:32:59+00:00 September 11th, 2018|Finance, General, Markets and Research, Watch This|

  Executive Summary ·        SA GDP growth is expected to rebound, albeit marginally, in 2Q18, mainly as a result of the low base effect afforded by the deep 1Q18 contraction. The Nedbank Group Economic Unit forecasts 2Q18 growth at 0.2% quarter-on-quarter, before recovering modestly in the following two quarters. ·        A burning issue at the moment [...]

Daily Market Commentary: 23 August 2018

By | 2018-08-23T09:07:49+00:00 August 23rd, 2018|Markets and Research|

Today we are taking a look at: Yields decline as risk-off sentiment fatigued, locally, markets calmed by President Ramaphosa’s comments on land reform Trade war concerns continue to dictate moves in the FX market Oil price extend gains from previous session as US stockpiles fall; Gold marginally lower this morning The JSE posted handsome gains [...]

Daily Market Commentary: 19 July 2018

By | 2018-07-19T09:56:25+00:00 July 19th, 2018|Markets and Research|

Today we are taking a look at: SAGBs remain bid, but slightly more volatile intraday USDZAR strengthens overnight, local focus will be on the MPC this afternoon Gold price remains low after recent slump; Brent crude marginally higher as markets assess rising OPEC production and US stockpiles Global markets ended higher as sentiment improved on [...]