Today we are taking a look at: · SARB cut viewed as cautious by the market, yields decline nonetheless · USD on the back foot on Fed’s interest rate outlook · Oil snapped four days of losses after an American warship downed an Iranian drone near the Strait of Hormuz, stoking concerns crude flows from [...]
Today we are taking a look at: · Risk-off in global markets, SA markets await SARB interest rate decision · All eyes on the MPC · Oil fell for a fourth day, set for the longest run of losses in six weeks, as a rise in U.S. fuel stockpiles spurred concern that demand is waning [...]
Today we are taking a look at: · A touch of risk off as trade concerns resurface and ZAR takes a bit of a hit with SAGBs opening a little weaker · USDZAR holds steady ahead of the MPC · Oil held its biggest loss in two weeks as President Donald Trump’s threat of new [...]
Today we are taking a look at: · SAGBs bull steepened as the R2030 rallied, thin liquidity as markets await SARB this week · Focus today on the US data releases · Oil held losses below $60 a barrel after the biggest decline in almost two weeks as a tropical storm that shut almost three-quarters [...]
Today we are taking a look at: · SAGB curve bear steepens following global risk-off, and as markets prepare for fiscal slippage · Local focus on the Zuma testimony today · Oil traded near $60 a barrel after a storm shut almost three-quarters of US Gulf of Mexico crude production, even as lingering supply concerns [...]
Today we are taking a look at: · A bull steepener as a result of a highly dovish Fed, as local markets price in SARB rate cut · USDZAR holds steady sub 14.0000 · Oil headed for its biggest weekly gain in three weeks as simmering Middle East tensions, shrinking inventories and a storm in [...]