Covid-19

Daily Market Commentary: 2 April 2020

By | 2020-04-02T09:08:35+02:00 April 2nd, 2020|Markets and Research|

Today we are taking a look at: The magnitude of moves in SAGB yields eases slightly yesterday, with global risk the main driver – yields still remain elevated and rising The rand capitulates in low-liquidity environment Oil advanced after the US stepped up efforts to broker a price truce; gold slipped Global equity markets started [...]

Daily Market Commentary: 30 March 2020

By | 2020-03-30T09:59:35+02:00 March 30th, 2020|Markets and Research|

Today we are taking a look at: Moody’s downgrade triggers further round of risk-off, SAGBs yields sharply higher this morning Moody’s pulls the trigger and downgrades SA Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies Global markets weigh co-ordinated global stimulus packages vs the global spread of the [...]

Daily Market Commentary: 23 March 2020

By | 2020-03-23T09:37:12+02:00 March 23rd, 2020|Markets and Research|

Today we are taking a look at: Coronavirus death toll prompts sharp sell-off in bonds and equities, SAGB yields continue to climb, SARB begins intraday repo purchases Local markets await the president’s address today Oil dropped toward the lowest level since 2003; Gold dropped again as investors buckled in for yet another volatile week of [...]