ECB

Daily Market Commentary: 25 October 2019

By | 2019-10-25T09:11:14+02:00 October 25th, 2019|Markets and Research|

Today we are taking a look at: SAGBs trade poorly post ECB, yields marginally higher across the curve after earlier gains USDZAR retreats from its best levels Oil was still on track for its biggest weekly gain in more than a month, gold poised for a weekly advance ECB leaves interest rates unchanged, confirms ongoing [...]

Daily Market Commentary: 24 October 2019

By | 2019-10-24T08:41:03+02:00 October 24th, 2019|Markets and Research|

Today we are taking a look at: A decent day for SA again in a quiet macro back drop, SAGB yields marginally lower as the MTBPS and Moody’s still a concern Global Market focus today on the ECB Oil prices dipped on Thursday on lingering concerns about a weak demand outlook Equity markets continue to [...]

Daily Market Commentary: 13 September 2019

By | 2019-09-13T11:13:40+02:00 September 13th, 2019|Markets and Research|

Today we are taking a look at: Bull curve flattener after a dovish ECB yesterday ECB stimulus programme surprises the market, and US-China trade progress revives risk appetite Oil is set for its biggest weekly loss in nearly two months as the IEA warned of a looming supply glut, while OPEC and its allies urged [...]

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 [...]

Daily Market Commentary: 11 April 2019

By | 2019-04-11T08:23:57+02:00 April 11th, 2019|Markets and Research|

Today we are taking a look at: Continued EM risk-on fuels demand for SAGBs with yields falling and further curve flattening into the 30y point USDZAR breaks below R14.00/USD due to dovish global central banks Oil struggled to extend gains beyond a five-month high as an increase in U.S. crude inventories to the highest since [...]