Today we are taking a look at: SAGBs weaken in line with ZAR, yields higher across the curve after Moody’s revises SA’s GDP growth forecast lower Moody’s dampens outlook for the rand Oil snapped the longest run of daily gains this year; Gold advanced as risk-off sentiment crept back into markets Apple warns of lower [...]
Today we are taking a look at: SAGBs remain reasonably quiet with a slight flattening bias in very thin trade The rand holds steady after SONA Oil eased after the biggest weekly gain since September; Gold little changed Global markets are mixed as investors weigh up some weaker GDP prints vs China, adding stimulus to [...]
Today we are taking a look at: Local market focus now shifts to the budget Oil headed for its first weekly gain since early January whilst Gold headed for the third weekly gain The JSE ends the day little changed, and global markets trade lower on renewed coronavirus concerns
Today we are taking a look at: Coronavirus again weighs on emerging markets A nascent rebound in oil prices ran into turbulence after China’s Hubei province reported almost 15,000 new coronavirus cases Risk appetite increased after the Chinese authorities reported the lowest daily increase of new coronavirus cases. (The methodology for classifying affected cases was [...]
Today we are taking a look at: The rand continues to post gains Oil rallied back above $50 a barrel whilst Iron ore futures advanced after surging on Tuesday
Today we are taking a look at: EM FX trade on the back foot, SAGBs follow suit with the R2048 maintaining the steepening bias of the yield curve Global risk appetite improves overnight Oil prices bounced back from the lowest in more than a year; Gold steady Equity markets rebound from recent losses