China

Daily Market Commentary: 14 August 2019

By | 2019-08-14T10:55:05+02:00 August 14th, 2019|Markets and Research|

Today we are taking a look at: Trade war developments prompts a rally in risk assets, SA curve declines as a result Trade tariff extensions provide relief and hope Oil declined as an industry report showed American crude stockpiles expanded, paring a rally that was fuelled by signs the U.S.-China trade deadlock may be easing [...]

Daily Market Commentary: 6 August 2019

By | 2019-08-06T09:51:42+02:00 August 6th, 2019|Markets and Research|

Today we are taking a look at: Risk asset recover marginally after yesterday’s sell-off, the super-sized SAGB auction later this morning will test appetite USDZAR recovers from its worst levels Oil reversed a decline as China’s central bank set the yuan fixing stronger than expected, calming investors after the U.S. escalated the trade war by [...]

Daily Market Commentary: 5 August 2019

By | 2019-08-05T10:35:39+02:00 August 5th, 2019|Markets and Research|

Today we are taking a look at: The PBOC weakened the currency so we see a risk off in EMFX across the board and SAGBs open up weaker USD surges relative to emerging markets Oil resumed its decline as demand fears deepened after Trump threatened to slap more tariffs on China. Futures lost 1% after [...]

Daily Market Commentary: 31 July 2019

By | 2019-07-31T08:09:33+02:00 July 31st, 2019|Markets and Research|

Today we are taking a look at: ·       SAGB curve maintains steepening bias as fiscal woes fester after the Eskom results announcement ·       All eyes on the outcome of the FOMC tonight ·       Oil extended its longest rally in three weeks as lingering Iran tensions stoke concerns over the stability of Middle East energy flows, [...]

Daily Market Commentary: 25 July 2019

By | 2019-07-25T08:32:22+02:00 July 25th, 2019|Markets and Research|

Today we are taking a look at: ·       SAGBs a touch weaker with a steepening bias, yields rise after fiscal woes make headlines ·       USDZAR holds steady ·       Oil held its biggest loss in a week as signs that growth is slowing in major economies overshadowed the longest run of declines in since the start [...]

Daily Market Commentary: 24 July 2019

By | 2019-07-24T08:19:53+02:00 July 24th, 2019|Markets and Research|

Today we are taking a look at: ·       SAGB yields rise after special appropriation and greater funding requirement announcement ·       Global focus now shifts to the ECB meeting tomorrow ·       Oil rose for a fourth day after a report showed a hefty drop in inventories ·       All rooms are sea facing as global markets shrug [...]