Eskom

Daily Market Commentary: 14 January 2020

By | 2020-01-14T09:04:47+02:00 January 14th, 2020|Uncategorized|

Today we are taking a look at: A poor day for the ZAR which underperforms all session and SAGBs bear steepen in sympathy Eskom power crisis continues to weigh on rand Oil traded near a six-week low on easing tensions in the Middle East, although improving U.S.-China trade relations offered some support Equity markets trade [...]

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+ [...]