Monthly Archives: August 2017

Daily Market Commentary: 31 August 2017

By | 2017-08-31T08:06:44+00:00 August 31st, 2017|Markets and Research|

Today we are taking a look at: Marginal outflows recorded yesterday, dovish commentary from SARB overnight Majors weaker as dollar rebounds, market focus now firmly on the US data tomorrow Gold eases towards $1300/oz., oil sharply lower while gasoline prices continue to rise in the US as a result of the hurricane The JSE closed [...]

Daily Market Commentary: 30 August 2017

By | 2017-08-30T09:36:11+00:00 August 30th, 2017|Markets and Research|

Today we are taking a look at: SAGBs endured a very quiet session yesterday with continuing demand for ultra-back end the only real talking point USDZAR holds steady as dollar recovers Both gold and oil eases after recent rally The JSE and European markets closed lower weighed by geopolitical tensions, with the US paring initial [...]

Daily Market Commentary: 29 August 2017

By | 2017-08-29T08:44:04+00:00 August 29th, 2017|Markets and Research|

Today we are taking a look at: Marginal inflows yesterday, but last week saw R3.4 billion foreign bond inflows Global focus on the North Korean military activity Geopolitical tensions elevated and supportive of gold as North Korea fired missile over Japan, Brent sharply lower in US session Global equity markets were mixed and missile over [...]

Daily Market Commentary: 28 August 2017

By | 2017-08-28T08:43:39+00:00 August 28th, 2017|Markets and Research|

Today we are taking a look at: Foreign inflows total R3.7 billion for the week but liquidity remains tight USDZAR finds support as the dollar falters Gold and oil firmer on Friday as a result of weaker dollar, geopolitical tensions and US crude inventory rundowns The JSE closed higher for the fifth consecutive day, while [...]

Daily Market Commentary: 25 August 2017

By | 2017-08-25T07:55:18+00:00 August 25th, 2017|Markets and Research|

Today we are taking a look at: Successful switch auction for NT as they buy back R11.785 bn R203 and issue R13.250b out, foreign inflows of R2.3 billion yesterday Markets focussed on Jackson Hole, dollar remains subdued, supportive of majors apart from the yen which weakened in Asia Brent remained elevated on news of falling [...]

Daily Market Commentary: 24 August 2017

By | 2017-08-24T08:50:44+00:00 August 24th, 2017|Markets and Research, Uncategorized|

Today we are taking a look at: Small inflows into the local bond market yesterday, liquidity remains thin FX Markets remain subdued, focus shifting to Jackson Hole Gold rallies marginally as a result of dollar weakness, oil remains range-bound ahead of weekly US inventory data Global markets traded mostly lower, weighed by political comments from [...]