Today we are taking a look at: SAGB yield curve bull steepens as front end moves lower, prompted by dovish MPC The rand trades on the back foot Oil headed for its biggest weekly drop since December as the rapidly escalating trade war caused investors to reassess the outlook for global growth The JSE and [...]
By Tapiwa Shamu, Principal: Corporate Finance; Nedbank CIB. After what can only be described as a difficult year for mergers and acquisitions in SA in 2018 (total number of deals announced were 517 in 2018 compared to 588 in 2017, total value down from R637 billion to R610 billion in the same period (Gleason Publications, 2018), [...]
Today we are taking a look at: SAGB yields edge lower after downside CPI surprise, markets watch SARB MPC today Markets continue to await the cabinet announcement Oil extended losses after a surprise jump in American crude inventories alleviated concerns over a supply crunch, while the demand outlook remained bleak as there was no let [...]
Today we are taking a look at: The fixed income market reacted positively to Mbete and Gigaba withdrawing from the MP list in the late trade, so the bullish momentum of earlier was maintained The Brexit saga continues unabated Oil headed for its biggest drop in more than a week as signs the worsening U.S.-China [...]
Today we are taking a look at: Marginal flattening of SAGB yield curve as ZAR strengthened yesterday USDZAR holds steady around 14.4000 Oil rose for a second day on signs OPEC and its allies will extend production cuts beyond June, while a steadily deteriorating U.S.-China trade Global equity markets were weaker amid the US-China trade [...]
Today we are taking a look at: A small bounce in risk this morning after the poor equity performance to end last week Local focus this week on the SARB MPC Oil started the week strongly after Saudi and other OPEC+ members signalled intentions to keep supplies constrained for the rest of the year, while [...]