GDP

Daily Market Commentary: 17 February 2020

By | 2020-02-17T13:06:15+02:00 February 17th, 2020|Markets and Research|

Today we are taking a look at: SAGBs remain reasonably quiet with a slight flattening bias in very thin trade The rand holds steady after SONA Oil eased after the biggest weekly gain since September; Gold little changed Global markets are mixed as investors weigh up some weaker GDP prints vs China, adding stimulus to [...]

Daily Market Commentary: 4 December 2019

By | 2020-02-21T12:19:10+02:00 December 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yield curve bear steepens after GDP disappointment, yields higher, ZAR weaker Risk aversion increases on President Trump’s trade-deal comments Oil defied trade-deal bearishness to rise for a third day, Gold little changed World equity markets are taking a breather as tariff/political tensions rise between the two biggest [...]

Daily Market Commentary: 3 December 2019

By | 2020-02-24T15:34:40+02:00 December 3rd, 2019|Markets and Research|

Today we are taking a look at: SAGBs open stronger this morning, in line with the ZAR, markets will watch Q3 GDP data this morning USDZAR breaches sub-14.6000 Oil held gains as OPEC crude output dropped before the group and its allies meet this week to set the path for future production cuts Weak PMI [...]

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 [...]