GDP

Daily Market Commentary: 4 September 2019

By | 2019-09-04T11:41:11+02:00 September 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally lower after a better than expected GDP print, follows rally in the ZAR USDZAR stages a modest recovery after the release of the GDP data Oil held near a one-week low amid trade tensions while gold held near the highest close since 2013 as investors [...]

Daily Market Commentary: 3 September 2019

By | 2019-09-03T11:16:52+02:00 September 3rd, 2019|Markets and Research|

Today we are taking a look at: SAGBs opening weaker as lack of progress in US-China relations puts risk on the backfoot Local market focus will be on GDP data Oil prices were mixed on Tuesday, while gold eased as the dollar traded at the highest in more than two years Equity markets were mixed, [...]

Daily Market Commentary: 12 August 2019

By | 2019-08-12T10:48:49+02:00 August 12th, 2019|Markets and Research|

Today we are taking a look at: Yields were marginally lower ahead of the SA public holiday, liquidity remained thin The rand firmly on the back foot Oil dropped as U.S. President Donald Trump said planned trade talks with China next month could be called off SA mining and manufacturing industries likely to contribute positively [...]

Daily Market Commentary: 24 July 2019

By | 2019-07-24T08:19:53+02:00 July 24th, 2019|Markets and Research|

Today we are taking a look at: ·       SAGB yields rise after special appropriation and greater funding requirement announcement ·       Global focus now shifts to the ECB meeting tomorrow ·       Oil rose for a fourth day after a report showed a hefty drop in inventories ·       All rooms are sea facing as global markets shrug [...]

Daily Market Commentary: 5 June 2019

By | 2019-06-05T12:34:33+02:00 June 5th, 2019|Markets and Research|

Today we are taking a look at: Curve starts to price a SARB cut after disappointing GDP print, steepening driven by front-end yields Local GDP ends the rands strong showing Oil price remain on down-trend, while gold is elevated on safe haven demand SA GDP print of -3.2% saw SA Inc under pressure from local [...]

Daily Market Commentary: 2 May 2019

By | 2019-05-02T09:12:17+02:00 May 2nd, 2019|Markets and Research|

Today we are taking a look at: SAGB curve steepens in the back-end as a result of greater supply, thin liquidity Rand trades weaker after neutral FOMC Oil extended losses after a bigger-than-expected jump in U.S. stockpiles overshadowed a deepening crisis in Venezuela and the prospect of OPEC and its allies extending their production cuts [...]