dollar

Daily Market Commentary Flash Note 5 June 2020

By | 2020-06-22T10:03:35+02:00 June 5th, 2020|Markets and Research|

Currencies Dollar weakens across most major currencies Commodities Oil was headed for a sixth weekly gain Equities Global tech makes room for some value bets as economies around the world move to open   Date Region Event Actual/Expected/Prior Implications 04/06 SA Electricity Production -22.8%/--/-4.0% Electricity production fell 22.8% on an annual basis 05/06 US Unemployment [...]

Daily Market Commentary: 3 October 2019

By | 2020-06-22T10:34:08+02:00 October 3rd, 2019|Markets and Research|

Today we are taking a look at: SAGB holds a flattening bias as yields decline in the belly and back end of the curve Dollar trades weaker across the board Oil held near the lowest level in almost two months as inventories expanded the most since May and disappointing U.S. economic data added to pessimism [...]

Daily Market Commentary: 15 May 2019

By | 2020-06-22T10:55:03+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: 6 March 2019

By | 2020-06-22T11:05:12+02:00 March 6th, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally after local GDP print, carry remains king and SAGBs are still attractive to offshore Rand trading on the back foot as dollar strengthens Oil extended a decline after an industry report showed a massive increase in crude stockpiles, reviving fears of a global glut The local [...]

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: 16 January 2019

By | 2020-06-22T11:12:10+02:00 January 16th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally higher in thin liquidity, upside was capped as rand held onto gains Local currency continues to hold steady, as globally softer dollar continues Brent surged above $60/bbl. this morning, Gold holds decline as investors weigh risk appetite in equity and currency markets with uncertainty surrounding [...]