Today we are taking a look at: Curve starts to price a SARB cut after disappointing GDP print, steepening driven by front-end yields Local GDP ends the rands strong showing Oil price remain on down-trend, while gold is elevated on safe haven demand SA GDP print of -3.2% saw SA Inc under pressure from local [...]
Today we are taking a look at: Dovish Fed gives rates a boost, SAGB yield curve bucks the steepening bias and flattens modestly as yields decline across the curve Fed comments put the USD on the back foot Oil extended losses after plunging 10% in four days as the prospect of a sharp slowdown in [...]
Today we are taking a look at: Risk off continues as the trade war persists, SAGB yield curve maintained marginal steepening bias The rand recovers some lost ground Oil extended declines as an increasingly aggressive U.S. trade policy fuelled fears the world could be heading for a significant economic slowdown Gold index gained 7.79% which [...]
Today we are taking a look at: SAGB yields marginally higher, curve maintains steepening bias The rand firmly on the back foot again WTI Oil dropped to around $56 a barrel after Trump said the U.S. would impose tariffs on all Mexican goods, opening up a new front in the trade war and further damping [...]
The Financial Mail hosted its annual Top Analyst Awards on Tuesday night and Nedbank CIB produced great results. The FM Awards recognise leaders in South Africa’s institutional stockbroking industry. The analysts in our Markets business won 1st place in the Technical Analysis and Financial and Industrial Small Caps categories. “The Awards remain a highly-regarded event [...]
Today we are taking a look at: A decent bounce in risk in the US afternoon continues into Asia and gives EMFX a fillip; ZAR and SAGBs open up stronger USDZAR posts gains on cabinet announcement The oil price rose overnight as a bigger-than-forecast drop in U.S. crude stockpiles added to concerns that global supply [...]