ECB

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 [...]

Daily Market Commentary: 7 March 2019

By | 2019-03-07T08:39:58+02:00 March 7th, 2019|Markets and Research|

Today we are taking a look at: SAGBs sold off on some negative Eskom headlines, however, corrected thereafter, yields marginally higher this morning All eyes on the ECB today Oil held losses from yesterday as inventories surged, highlighting abundant supplies currently Widening US trade deficit drags equity markets lower SA SACCI business confidence index declines [...]

Daily Market Commentary: 25 January 2019

By | 2019-01-25T09:19:13+02:00 January 25th, 2019|Markets and Research|

Today we are taking a look at: Sharp rally in SAGBs and the Rand, again driven by offshore flows despite Eskom concerns The Rand continues to post modest gains Oil rose for a third day as a deepening crisis in Venezuela that threatens to complicate OPEC’s task of balancing world oil supplies outweighed a surprise [...]

Daily Market Commentary: 14 December 2018

By | 2018-12-14T08:39:11+02:00 December 14th, 2018|Markets and Research|

Today we are taking a look at: SAGBs remain very quiet and we bull steepen as risk trades well The EU and the UK head for a standoff Brent downbeat on supply concerns, gold still range-bound SA PPI eases slightly in November as a result of petroleum costs; ECB keeps interest rates unchanged but announces [...]

Daily Market Commentary: 26 October 2018

By | 2018-10-26T10:27:24+02:00 October 26th, 2018|Markets and Research|

Today we are taking a look at: SAGB yields sharply higher after MTBPS, persistent weakness through the course of the day Rand remains on the back foot Brent remains range-bound, below the $80/bbl. level; Gold remains elevated The JSE, European and US markets end their trading session firmer, but Asian markets opened Friday’s session lower, [...]