IMF

Daily Market Commentary: 8 August 2019

By | 2019-08-08T10:07:43+02:00 August 8th, 2019|Markets and Research|

Talk about an IMF bail-out causes much volatility, SAGB curve remains steep USDZAR stages modest recovery to trade back below 15.0000 Oil rebounded on a report that Saudi Arabia had contacted other oil producers to discuss possible ways to stem the recent decline in prices Global markets traded higher as bargain hunters came into the [...]

Monthly Insights: August 2019

By | 2019-09-13T14:49:29+02:00 August 8th, 2019|Finance, Markets and Research, Watch This|

  Executive Summary The IMF reduced its global growth forecasts yet again in July, with growth of 3.2% expected in 2019, and 3.5% forecast for 2020 (both down 10bps since April). The most significant downward revisions to the growth outlook were seen in the EM space: Russia, Brazil, Mexico, and SA saw a cumulative 290bps [...]

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 [...]

Monthly Insights: May 2019

By | 2019-06-03T14:23:38+02:00 May 10th, 2019|Finance, General, Watch This|

  Executive Summary Inflationary pressures picked up in March and April due to higher energy costs in the West and elevated food inflation in some Asian countries. In its latest World Economic Outlook (WEO) release, the IMF revised its global growth projection down to 3.3% for 2019 from 3.5% previously, predominantly as a [...]

Daily Market Commentary: 10 April 2019

By | 2019-04-10T08:20:57+02:00 April 10th, 2019|Markets and Research|

Today we are taking a look at: SAGBs trade well as EM FX supported by some global risk-on as markets await a trade deal between the US and China USDZAR strengthens in line with EM FX, focus today will be on the ECB meeting and FOMC minutes Oil edged higher as speculation that supplies will [...]