Today we are taking a look at: All eyes on the budget; caution advised Oil rallied back above $50 a barrel; Gold rebounded Performance in global markets for the year has been erased in the past three trading sessions; risk-off sentiment should continue until the Budget
Today we are taking a look at: SAGB curve reverses earlier losses to end the day with yields marginally lower, markets will remain on tenterhooks before the budget speech Rand remains on the back foot Gold retreated from the highest level since 2013 Equity markets tank as we enter a risk-off environment
Today we are taking a look at: SAGB curve bull flattens from the R186 out, as rates outperform FX, despite EM risk off Coronavirus continues to cause concern Renewed fears that the coronavirus will harm global growth rocked commodity markets, with oil and metals prices tumbling while gold soared The spread of the Coronavirus outside [...]
Today we are taking a look at: Rand remains on the back foot Oil was set for a second weekly gain after a smaller-than-expected gain in U.S. crude stockpiles; Gold held steady Global markets under pressure on renewed coronavirus concerns The US leading index rose by 0.8%; UK Retail Sales increased 0.8% year-on-year
Today we are taking a look at: SAGBs remain resilient despite the sell-off in the ZAR, below-consensus CPI print supports yields across the curve Eskom headlines weigh on the rand Oil extended gains to an eighth day, Precious metals edged lower except for palladium Equity markets initially reacted to the death toll from the coronavirus [...]
Today we are taking a look at: ZAR trades stronger overnight, but SAGBs open unchanged after yields rose marginally yesterday SARB sees room for further cuts later in the year Oil held steady after U.S. sanctions on Russia's largest producer; Gold traded near the highest level since 2013 on concerns over coronavirus Global markets rebound [...]