Eurozone

Daily Market Commentary: 5 July 2019

By | 2019-07-10T09:28:07+02:00 July 5th, 2019|Markets and Research|

Today we are taking a look at: ·       Continued bull flattening of the SAGB yield curve as search for yield persists ·       USDZAR breaks below R14.00/$ temporarily, all eyes on the US data today ·       Oil is set for the biggest weekly decline since May as global demand concerns outweighed an OPEC+ pact to extend [...]

Daily Market Commentary: 3 July 2019

By | 2019-07-10T09:26:18+02:00 July 3rd, 2019|Markets and Research|

Today we are taking a look at: ·       SAGB yields marginally higher as global risk assets pause after the recent rally ·       Markets likely to be cautious ahead of the US holiday tomorrow ·       Oil climbed off its lows after the API report showed a contraction in U.S. crude stockpiles last week ·       Global stocks [...]

Daily Market Commentary – 1 July

By | 2019-07-01T08:58:59+02:00 July 1st, 2019|Markets and Research|

Today we are taking a look at: ·       Month-end flows cause significant flattening of the SAGB yield curve, long-end yields lower ·       Markets trade positively on good news from the G20 ·       Oil jumped to a five-week high after Saudi and Russia signalled their support for an extension of OPEC+ output cuts and a U.S.-China [...]

Daily Market Commentary: 14 March 2019

By | 2019-03-14T09:10:26+02:00 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+02:00 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 [...]