Eurozone

Daily Market Commentary: 14 March 2019

By | 2019-03-14T09:10:26+00:00 March 14th, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally marginally intraday, market cautious ahead of Moody’s and SARB next week USDZAR once again trading on the back foot Oil continues to climb on supply concerns; gold continues to rally on trade and growth concerns Global equity markets gained with energy shares benefiting from the higher [...]

Daily Market Commentary: 6 March 2019

By | 2019-03-06T08:56:14+00:00 March 6th, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally after local GDP print, carry remains king and SAGBs are still attractive to offshore Rand trading on the back foot as dollar strengthens Oil extended a decline after an industry report showed a massive increase in crude stockpiles, reviving fears of a global glut The local [...]

Daily Market Commentary: 15 February 2019

By | 2019-02-15T09:05:16+00:00 February 15th, 2019|Markets and Research|

Today we are taking a look at: Yields remain elevated, follows ZAR weakness on the back of disappointment over Eskom plans The rand holds steady above 14.0000 Brent crude remains elevated and continues to rise as Saudi and Venezuelan output under pressure The JSE and European markets retraced early gains, following a sharp decline in [...]

Daily Market Commentary: 14 February 2019

By | 2019-02-14T12:14:26+00:00 February 14th, 2019|Markets and Research|

Today we are taking a look at: While global risk trades better, SA risk assets under pressure as a result of concerns over Eskom Eskom technically insolvent, weighs on the ZAR Oil continues to decline as Saudi Arabian shipments fall, Gold still elevated despite overnight fall Hopes of a trade deal pushed global markets higher [...]

Daily Market Commentary: 1 February 2019

By | 2019-02-01T10:46:50+00:00 February 1st, 2019|Markets and Research|

Today we are taking a look at: Late month end inflows into SAGBs will still need clearing, and with risk continuing to trade well Focus now shifts to US data Oil halted gains after scoring its best January on record as a weak reading on China’s manufacturing sentiment survey reignited concerns of a global slowdown [...]