ECB

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 [...]

Daily Market Commentary: 10 April 2019

By | 2019-04-10T08:20:57+02:00 April 10th, 2019|Markets and Research|

Today we are taking a look at: SAGBs trade well as EM FX supported by some global risk-on as markets await a trade deal between the US and China USDZAR strengthens in line with EM FX, focus today will be on the ECB meeting and FOMC minutes Oil edged higher as speculation that supplies will [...]

Daily Market Commentary: 8 March 2019

By | 2019-03-08T09:29:42+02:00 March 8th, 2019|Markets and Research|

Today we are taking a look at: SAGBs trade with considerable resilience, but comes under pressure in late evening risk-off which saw the ZAR detail sharply All eyes on US data to be released this afternoon Oil failed to sustain near-term rally as the dollar strengthened and concerns about global demand continue to weigh on [...]