Monthly Archives: August 2018

Daily Market Commentary: 31 August 2018

By | 2018-08-31T09:35:11+00:00 August 31st, 2018|Markets and Research|

Today we are taking a look at: Risk-off persists, raising SAGB yields The rand firmly on the back foot as emerging markets struggle Gold downbeat, Oil remains elevated as US stockpiles decline MTN and NPN weigh heavily on the JSE, while trade tensions drag global markets lower SA PPI rose above consensus as petroleum costs [...]

Daily Market Commentary: 30 August 2018

By | 2018-08-30T09:08:04+00:00 August 30th, 2018|Markets and Research|

Today we are taking a look at: Local bond market under pressure due to EM risk-off bout, bond yields higher Emerging markets remain on the back foot Oil rallies as US stockpiles decline, Gold range-bound The global rally continued with investors still optimistic after the trade agreement between the US and Mexico US GDP growth [...]

Global pharmaceutical giant, Aspen, and Nedbank CIB close EUR3,4bn multi-currency funding deal

By | 2018-09-11T08:17:32+00:00 August 29th, 2018|Finance, General|

The international group, Aspen Pharmacare Holdings, recently appointed Nedbank Corporate and Investment Banking (CIB), together with MUFG Bank Ltd, to act as joint mandated facility coordinator, lead arranger and bookrunner for the provision of multi-currency syndicated funding facilities worth a total of approximately EUR3,4bn. In addition to successfully facilitating the completion of the syndicated funding [...]

Daily Market Commentary: 29 August 2018

By | 2018-08-29T09:14:47+00:00 August 29th, 2018|Markets and Research|

Today we are taking a look at: SAGB yields unchanged, range-bound as markets await developments over land reform policy The rand remains at the mercy of headlines, dollar marginally higher this morning weighing on majors Gold and oil weighed by dollar strength, oil held in check by rising production outside OPEC The JSE tracks global [...]

Daily Market Commentary: 28 August 2018

By | 2018-08-28T08:57:02+00:00 August 28th, 2018|Markets and Research|

Today we are taking a look at: Risk-on provides momentum for SA bonds, yields lower across the curve Rand benefits from a globally softer dollar, majors upbeat Weak dollar persists, keeping gold and oil bid Global markets close higher lifted by comments from Jackson Hole and the US-Mexico trade deal Outflows from the bond market [...]

Daily Market Commentary: 27 August 2018

By | 2018-08-27T09:18:58+00:00 August 27th, 2018|Markets and Research|

Today we are taking a look at: Risk on in FX, gives SAGBs a bid in very thin volume Jackson Hole comments drive dollar weaker; Quiet day ahead, as UK are on holiday Both gold and oil rally as the dollar weakens The All Share index started its trading day in positive territory and continued [...]