Bond market

Daily Market Commentary: 7 May 2020

By | 2020-06-10T11:36:10+02:00 May 7th, 2020|Markets and Research|

Today we are taking a look at: Bond market closes with a flattening bias as long end yields rally marginally, 10y yield continues to inch closer to fair value; market opens up as risk traded better overnight, with SAGB yields lower across most of the curve Finance minister’s tweets give the rand the jitters Oil [...]

Daily Market Commentary: 25 February 2019

By | 2020-06-22T11:05:58+02:00 February 25th, 2019|Markets and Research|

Today we are taking a look at: The local bond market were on the front foot again on Friday, The benchmark R186 yield closed at 8.70% on Friday USDZAR holds steady around the 14.0000 level Oil held gains above $57 a barrel, Gold remained steady as investors weighed the implications for metals and the dollar [...]

Daily Market Commentary: 15 October 2018

By | 2020-06-22T11:25:06+02:00 October 15th, 2018|Markets and Research|

Today we are taking a look at: With Moody’s opting not to provide a rating review for South Africa on Friday last week, the local bond market is now turning its attention to the MTBPS next week Focus on final Eurozone budgets Brent crude oil moved back above $81 a barrel; Gold is marginally higher [...]

Daily Market Commentary: 9 October 2018

By | 2020-06-22T11:25:34+02:00 October 9th, 2018|Markets and Research|

Today we are taking a look at: Risk-off continues, SAGB yields marginally higher USDZAR remains weak amid on-going political uncertainty, IMF cuts forecast for global growth due to trade concerns Gold remains downbeat, Brent crude marginally higher Global equity markets close firmly in negative territory Japanese data Outflows resume, driven by the bond market, which [...]

Daily Market Commentary: 30 August 2018

By | 2020-06-22T11:32:15+02:00 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 [...]

Daily Market Commentary: 28 August 2018

By | 2020-06-22T11:38:14+02:00 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 [...]