GDP

Daily Market Commentary Flash Note 10 June 2020

By | 2020-06-22T10:02:27+02:00 June 10th, 2020|Markets and Research|

Currencies Focus today will be on the Fed’s decision Commodities Oil prices lower; Gold unchanged Equities There is an element of caution in global markets ahead of the Fed meeting as investors question the disconnect between global asset prices and the underlying economies   Date Region Event Actual/Expected/Prior Implications 09/06 EZ GDP -3.6%/-3.8%/-3.8% Quarter on [...]

Daily Market Commentary Flash Note 9 June 2020

By | 2020-06-22T10:02:35+02:00 June 9th, 2020|Markets and Research|

Fixed Income SAGB yields continue to rise in thin liquidity conditions, steep curve is maintained Currencies The rand holds steady in lacklustre trade Commodities Oil clawed back some of Monday's losses; Gold unchanged Equities Wall Street closed up strongly, and Asia has followed suit this morning   Date Region Event Actual/Expected/Prior Implications 09/06 EZ GDP [...]

Daily Market Commentary Flash Note 8 June 2020

By | 2020-06-22T10:02:42+02:00 June 8th, 2020|Markets and Research|

Fixed Income Sharply steeper SAGB yield curve in thin liquidity, driven by swap payers in the long-end Currencies The rand holds steady around 16.8000 Commodities Oil climbed following a sixth weekly increase after OPEC and its allies agreed to extend production curbs Equities MSCI EM had its best week since 2011; positive sentiment is poised [...]

Daily Market Commentary: 17 February 2020

By | 2020-06-10T14:08:41+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 | 2020-06-10T14:23:21+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 | 2020-06-10T14:23:28+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 [...]