budget speech

Monthly Insights: March 2019

By | 2019-03-11T13:20:38+02:00 March 11th, 2019|Finance, General, Watch This|

  Executive Summary There has been a broad decline in inflation rates across the world, including a sharp downward surprise in our own (SA) inflation print for January. Lower energy prices, a decline in raw material and machinery costs, as well as falling demand-pull inflation have been key reasons for the falling inflation trajectory [...]

Daily Market Commentary: 21 February 2019

By | 2019-02-21T10:31:46+02:00 February 21st, 2019|Markets and Research|

Today we are taking a look at: Volatile reaction to budget, with yields initially spiking, then slumping Local focus now drifts to rating agency reviews Global markets traded higher ahead of the release of the Federal Reserve’s minutes US FOMC minutes maintain dovish rhetoric; SA CPI surprises to the downside and budget speech downbeat [...]

Daily Market Commentary: 20 February 2019

By | 2019-02-20T09:07:41+02:00 February 20th, 2019|Markets and Research|

Today we are taking a look at: Curve steepens in most areas ahead of Budget Speech All eyes on the Finance Minister today Gold continue to grind higher due to concerns over Brexit and global trade; Brent plateaus around $66.5/bbl The JSE and European markets end the session lower, with US markets lifted by strong [...]

Daily Market Commentary: 19 February 2019

By | 2019-02-19T09:26:03+02:00 February 19th, 2019|Markets and Research|

Today we are taking a look at: Local yields remain low despite uncertainty over Budget and SOE woes Local markets likely to be cautious again today, USDZAR remains above R14.00/$ Oil held gains at a three-month high as investors focused on prospects of a resolution to the U.S.-China trade war and signs of sliding shipments [...]

Daily Market Commentary: 22 February 2018

By | 2018-02-22T08:28:40+02:00 February 22nd, 2018|Markets and Research|

Today we are taking a look at: Bond markets rally sharply in the aftermath of a very optimistic budget speech Potentially much improved outlook for the rand The gold price continues to ease on the back of a stronger dollar, while the oil price remains relatively elevated The JSE closed higher as a positive budget [...]

Daily Market Commentary: 20 February 2018

By | 2018-02-20T10:40:16+02:00 February 20th, 2018|Markets and Research|

Today we are taking a look at: Volumes remain light as a result of the US holiday, but SAGBs remain supported as markets await the Budget Speech Markets await budget and possible cabinet changes While gold remains elevated, it has eased on the back of a stronger dollar; Brent remains elevated close to a 1-week [...]