ECB

Daily Market Commentary: 24 July 2019

By | 2020-06-22T10:44:54+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 | 2020-06-22T10:58:22+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 | 2020-06-22T10:58:28+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 | 2020-06-22T11:04:01+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 | 2020-06-22T11:05:06+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 | 2020-06-22T11:11:10+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 [...]