European markets

Daily Market Commentary: 31 May 2019

By | 2019-05-31T09:21:44+02:00 May 31st, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally higher, curve maintains steepening bias The rand firmly on the back foot again WTI Oil dropped to around $56 a barrel after Trump said the U.S. would impose tariffs on all Mexican goods, opening up a new front in the trade war and further damping [...]

Daily Market Commentary: 15 May 2019

By | 2019-05-15T12:48:57+02:00 May 15th, 2019|Markets and Research|

Today we are taking a look at: Major indicators are largely stable in the overnight session so SAGBs open up unchanged after bull steepening yesterday Indications that the SA cabinet may be reduced Oil fell as an industry report signalling a jump in U.S. stockpiles eased immediate concerns over a supply crunch, while a drone [...]

Daily Market Commentary: 10 May 2019

By | 2019-05-10T10:14:19+02:00 May 10th, 2019|Markets and Research|

Today we are taking a look at: Risk trades poorly amid renewed trade tensions, SAGBs resilient amid global risk-off Trade wars escalate between the US and China Oil climbed along with Asian stocks and currencies as the first day of the latest round of trade talks ended without drama in Washington The JSE, European and [...]

Daily Market Commentary: 12 April 2019

By | 2019-04-12T08:35:54+02:00 April 12th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally higher as the ZAR weakens in line with EM FX, weighed by concerns over global growth This morning we are back around the 14.00 level after a quiet overnight session Oil is set for the longest weekly winning streak since 2016 as supply disruptions in [...]

Daily Market Commentary: 5 April 2019

By | 2019-04-05T08:21:38+02:00 April 5th, 2019|Markets and Research|

Today we are taking a look at: Slow day for SAGBs, with muted trading range, yields marginally higher despite a stronger rand Focus today on the US data Oil headed for the longest weekly winning streak since November 2017 after Venezuelan output dropped and on growing optimism that trade talks between the U.S. and China [...]

Daily Market Commentary: 20 February 2019

By | 2019-02-20T09:07:41+02:00 February 20th, 2019|Markets and Research|

Today we are taking a look at: Curve steepens in most areas ahead of Budget Speech All eyes on the Finance Minister today Gold continue to grind higher due to concerns over Brexit and global trade; Brent plateaus around $66.5/bbl The JSE and European markets end the session lower, with US markets lifted by strong [...]