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Daily Market Commentary: 17 January 2020

By | 2020-01-17T10:32:10+02:00 January 17th, 2020|Uncategorized|

Today we are taking a look at: Bond yields rally sharply across the curve, driven by the front-end, after the SARB repo rate cut SARB cut in interest rate leaves rand trading weaker Oil held its biggest gain in almost two weeks on optimism a more conciliatory approach on trade from the U.S. The JSE [...]

Daily Market Commentary: 16 January 2020

By | 2020-01-16T08:58:45+02:00 January 16th, 2020|Uncategorized|

Today we are taking a look at: ZAR trades well into our close, dragging the rest of EM with it. SAGBs however, very lacklustre with all the action in FRA's heading into the SARB MPC decision tomorrow Currency markets cautious over “phase-one” Sino-US trade agreement. SARB meeting today Oil rebounded after the U.S. and China [...]

Daily Market Commentary: 15 January 2020

By | 2020-01-15T09:00:48+02:00 January 15th, 2020|Uncategorized|

Today we are taking a look at: SAGB yields lower, after strong auction, in line with ZAR strength Markets anxiously await signing of US-China trade deal Oil traded near a six-week low after a report indicated American crude stockpiles increased Global markets take a breather overnight as investors weigh up the first flurry of major [...]

Tax and forex in Africa: A property investor’s perspective

By | 2020-01-14T13:53:09+02:00 January 14th, 2020|Uncategorized|

By Gerhard Zeelie; Head of Property Finance Africa: Nedbank CIB A combination of recent political volatility, regulatory uncertainty and slow economic growth in South Africa has meant that many property investors have felt the need to look for opportunities elsewhere in the world to bolster their portfolios while waiting for the country's recovery to gain [...]

Daily Market Commentary: 14 January 2020

By | 2020-01-14T09:04:47+02:00 January 14th, 2020|Uncategorized|

Today we are taking a look at: A poor day for the ZAR which underperforms all session and SAGBs bear steepen in sympathy Eskom power crisis continues to weigh on rand Oil traded near a six-week low on easing tensions in the Middle East, although improving U.S.-China trade relations offered some support Equity markets trade [...]

Daily Market Commentary: 13 January 2020

By | 2020-01-13T09:31:54+02:00 January 13th, 2020|Uncategorized|

Today we are taking a look at: Risk trades well in Asia to start the week, but the ZAR weakens as a result of negative Eskom headlines, SAGBs trade weaker in line with FX Stronger USD on an imminent China-US trade deal Oil was steady after the biggest weekly drop since July as an easing [...]