Asian Markets

Daily Market Commentary: 7 August 2019

By | 2019-08-07T10:06:16+02:00 August 7th, 2019|Markets and Research|

Today we are taking a look at: SAGBs bull steepen yesterday amid better liquidity conditions, yields follow ZAR and swaps stronger The rand remains vulnerable to further weakness Brent crude held losses after falling into bear market as concern the U.S.-China trade war will continue to sap demand outweighed an industry report showing American crude [...]

Daily Market Commentary: 19 July 2019

By | 2019-07-19T08:12:27+02:00 July 19th, 2019|Markets and Research|

Today we are taking a look at: ·       SARB cut viewed as cautious by the market, yields decline nonetheless ·       USD on the back foot on Fed’s interest rate outlook ·       Oil snapped four days of losses after an American warship downed an Iranian drone near the Strait of Hormuz, stoking concerns crude flows from [...]

Daily Market Commentary – 7 June

By | 2019-06-13T09:23:39+02:00 June 7th, 2019|Markets and Research|

Today we're looking at: SAGB yields trade within tight ranges as the curve maintains the steepening bias USDZAR breaches above 15.0000 Oil extended its recovery from a five-month low as reports that Washington may engage more with its trade foes eased fears of slumping crude demand The JSE and Europe continue higher, but off the [...]

Daily Market Commentary: 31 May 2019

By | 2019-05-31T09:21:44+02:00 May 31st, 2019|Markets and Research|

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 [...]

Daily Market Commentary: 15 May 2019

By | 2019-05-15T12:48:57+02:00 May 15th, 2019|Markets and Research|

Today we are taking a look at: Major indicators are largely stable in the overnight session so SAGBs open up unchanged after bull steepening yesterday Indications that the SA cabinet may be reduced Oil fell as an industry report signalling a jump in U.S. stockpiles eased immediate concerns over a supply crunch, while a drone [...]

Daily Market Commentary: 10 May 2019

By | 2019-05-10T10:14:19+02:00 May 10th, 2019|Markets and Research|

Today we are taking a look at: Risk trades poorly amid renewed trade tensions, SAGBs resilient amid global risk-off Trade wars escalate between the US and China Oil climbed along with Asian stocks and currencies as the first day of the latest round of trade talks ended without drama in Washington The JSE, European and [...]