FX Markets

Daily Market Commentary: 3 February 2020

By | 2020-06-10T14:13:59+02:00 February 3rd, 2020|Markets and Research|

Today we are taking a look at: SAGBs stable and will continue to take the lead from global markets; risk trading slightly better than it closed on Friday night Coronavirus continues to affect FX markets Chinese oil demand has dropped by about 20% of total consumption, as the coronavirus squeezes the economy SA trade balance [...]

Daily Market Commentary: 22 October 2019

By | 2020-06-22T10:13:41+02:00 October 22nd, 2019|Markets and Research|

Today we are taking a look at: Risk trades better overnight as equities rally, but local FX maintains a tight trading range and the bond market treads water ahead of the MTBPS next week Market activity subdued Oil edged up in Asian trading after falling for two days amid ongoing concern that a fragile economic [...]

Daily Market Commentary: 30 April 2019

By | 2020-06-22T10:56:04+02:00 April 30th, 2019|Markets and Research|

Today we are taking a look at: SAGBs trade within a tight range as liquidity remains thin in the shortened week, yields remain low FX markets hold steady ahead of FOMC Oil prices dipped on Tuesday on expectations rising output from the United States and producer club OPEC would offset most of the shortfall expected [...]

Daily Market Commentary: 26 November 2018

By | 2020-06-22T11:18:00+02:00 November 26th, 2018|Markets and Research|

Today we are taking a look at: Yields remain supported by offshore demand FX markets will focus on G20 meeting kicking off today; dollar rebounds this morning, but rand remains resilient Gold remains elevated; Brent crude price breaks below $60/bbl The JSE and global markets trade lower, weighed by a sharp fall in oil prices [...]

Daily Market Commentary: 14 November 2018

By | 2020-06-22T11:20:01+02:00 November 14th, 2018|Markets and Research|

Today we are taking a look at: SAGB yields climb higher as USDZAR weakens, recovers somewhat in the afternoon session FX markets hold steady ahead of US CPI data; USDZAR remains on the back foot, EM FX vulnerable Brent posts sharp decline, to $65/bbl.; Gold range-bound Reports that trade talks had resumed between the US [...]

Daily Market Commentary: 1 November 2018

By | 2020-06-22T11:21:10+02:00 November 1st, 2018|Markets and Research|

Today we are taking a look at: SAGB yields consolidate at weaker levels amid rising bond supply FX markets await US labour market data tomorrow, dollar eases marginally overnight Global commodity prices lower amid a strong dollar, Brent affected by reports of higher supplies The positive momentum from U.S. stock markets on Tuesday as well [...]