Daily Market Commentary: 10 January 2020

By | 2020-01-10T10:13:19+02:00 January 10th, 2020|Uncategorized|

Today we are taking a look at: SAGB yields marginally higher in the back end of the curve, markets look to SARB MPC next week for further direction Currency markets take a breather as tensions ease Oil headed for its first weekly loss since November as the prospect of a U.S.-Iranian war receded, easing fears [...]

Daily Market Commentary: 9 January 2020

By | 2020-01-09T09:05:50+02:00 January 9th, 2020|Uncategorized|

Today we are taking a look at: Risk bounces on Trump's reassurances of a de-escalation in the Middle Eastern tensions and SA catches a bid, with ZAR rallying to 14.1700, and SAGB yields falling in response Overnight, geopolitical tensions ease and risk-off sentiment subsides Oil steadied as investors weighed the risk of further escalation in [...]

Daily Market Commentary: 8 January 2020

By | 2020-01-08T09:59:38+02:00 January 8th, 2020|Uncategorized|

Today we are taking a look at: Global risk-off sends the rand weaker and bond yields higher, reversing earlier gains Iran’s retaliation has markets scrambling for safety Oil prices jumped after Iran attacked two U.S.-Iraqi bases; Gold surged above $1,600 an ounce for the first time in more than six years The JSE closes marginally [...]

Daily Market Commentary: 7 January 2020

By | 2020-01-07T10:13:19+02:00 January 7th, 2020|Uncategorized|

Today we are taking a look at: A decent bounce in risk in the US afternoon saw EMFX rally a touch and the ZAR holds on to its gains in Asia; SAGB yields follow lower, however we expect the curve to remain steep amid ongoing fiscal woes Ease in geopolitical tensions supports softer USD and [...]

Daily Market Commentary: 6 January 2020

By | 2020-01-06T08:33:44+02:00 January 6th, 2020|Uncategorized|

Today we are taking a look at: Geopolitical tensions put EM risk assets on the back foot, with a weaker ZAR and higher bond yields since Friday USDZAR weaken by more than 30-cents as US-Iranian tensions escalate towards the tail-end of the week, EM FX remains fragile, USDZAR the worst performer in the past week [...]

Daily Market Commentary: 19 December 2019

By | 2019-12-19T09:01:00+02:00 December 19th, 2019|Uncategorized|

Please note that the current publication will end on 19 December 2019 and resume on 06 January 2020. We wish all our readers a wonderful festive season Today we are taking a look at: Thin liquidity conditions persist, SAGB yields continue to ease The rand posts gains again Oil hovered near $61 a barrel for [...]