Eskom

Daily Market Commentary: 28 November 2019

By | 2019-11-28T09:10:47+02:00 November 28th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields higher in light of event risks and thin liquidity – market will watch Eskom results closely US Thanksgiving holiday today Oil fell for a second day after U.S. crude production rose to a record; Gold rose as investors weigh the prospect of rising tensions in U.S.-China [...]

Daily Market Commentary: 19 November 2019

By | 2019-11-19T08:59:29+02:00 November 19th, 2019|Markets and Research|

Today we are taking a look at: The ZAR a touch weaker as the market absorbs the Eskom appointment; some space was made yesterday for the bond auction today The rand trades weaker as local factors weigh on it Oil dropped for a second day on indications U.S. crude stockpiles and shale output will continue [...]

Daily Market Commentary: 8 November 2019

By | 2019-11-08T09:18:45+02:00 November 8th, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally after China announces that it has agreed with the US to rollback tariffs Eskom continues to struggle with supply constraints Oil pared a weekly gain as investors weighed signs of progress in the prolonged U.S.-China trade war that’s undermined global crude demand Global equity markets bounce [...]

Daily Market Commentary: 7 November 2019

By | 2019-11-07T09:07:30+02:00 November 7th, 2019|Markets and Research|

Today we are taking a look at: US Treasuries rallied Wednesday, while the curve flattened following a strong 10Y auction which traded 1.1bp through the WI level Eskom headlines halt rand gains Oil held losses after snapping a three-day rally on signs of a stumble in the U.S-China trade dispute and indications the biggest OPEC+ [...]

Daily Market Commentary: 29 October 2019

By | 2019-10-29T08:35:08+02:00 October 29th, 2019|Markets and Research|

Today we are taking a look at: SAGBs have a steepening bias but miss out on the risk rally yesterday; Large event risk starts today with the usual Tuesday auction at 11h00 local with the greenshoe covering both the Eskom White paper announcement later today and the MTBPS tomorrow The rand holds steady around 14.6000 [...]

Daily Market Commentary: 17 October 2019

By | 2019-10-17T11:26:21+02:00 October 17th, 2019|Uncategorized|

Today we are taking a look at: Load-shedding announcement causes yields to rise across the curve, in line with ZAR weakness Rand on the back foot as Eskom again falters Oil retreated in Asian trading after an industry report showed a sharp increase in U.S. crude stockpiles last week Positive sentiment created by corporate earnings [...]