FOMC

Daily Market Commentary: 29 April 2020

By | 2020-06-10T11:36:55+02:00 April 29th, 2020|Markets and Research|

Today we are taking a look at: Focus today on the FOMC decision Oil climbed after losing more than a quarter of its value over the past two days Alphabet’s numbers after the US close are leading a rebound in Nasdaq/US futures; a reminder that Japan is closed for a holiday If you are [...]

Daily Market Commentary: 12 December 2019

By | 2020-06-10T14:22:38+02:00 December 12th, 2019|Markets and Research|

Today we are taking a look at: The Fed gives risk a bid with USD weakness in particular and ZAR strengthens, SAGBs open a touch stronger and drag yields down to greenshoe levels Focus to be on UK elections Oil prices edged higher with the market mood switching to relief as OPEC forecast a supply [...]

Daily Market Commentary: 11 December 2019

By | 2020-06-10T14:22:45+02:00 December 11th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields higher as a result of concerns over growth, lack of liquidity and uncertainty over SOEs Market focus on the FOMC Oil prices fell on Wednesday after industry data showed an unexpected build in crude inventory in the United States SA manufacturing output begins Q4 on a [...]

Daily Market Commentary: 20 November 2019

By | 2020-06-22T10:09:23+02:00 November 20th, 2019|Markets and Research|

Today we are taking a look at: Risk appetite improves, providing a bull flattener in the SAGB curve Global focus today on the FOMC minutes release Oil held losses near a two-week low on signs of swelling American crude inventories US Senate passes bill aimed at supporting Hong Kong protests If you are looking [...]

Daily Market Commentary: 31 July 2019

By | 2020-06-22T10:44:11+02:00 July 31st, 2019|Markets and Research|

Today we are taking a look at: ·       SAGB curve maintains steepening bias as fiscal woes fester after the Eskom results announcement ·       All eyes on the outcome of the FOMC tonight ·       Oil extended its longest rally in three weeks as lingering Iran tensions stoke concerns over the stability of Middle East energy flows, [...]

Daily Market Commentary: 11 July 2019

By | 2020-06-22T10:46:36+02:00 July 11th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields sharply lower this morning as a result of dovish Powell and Fed minutes USDZAR breaches  sub-14.0000 Oil extended gains after closing at a seven-week high as around a third of the Gulf of Mexico’s crude output was cut before a potential hurricane and U.S. crude inventories [...]