markets and research

Daily Market Commentary Flash Note 19 June 2020

By | 2020-06-22T11:39:02+02:00 June 19th, 2020|Markets and Research|

Currencies The rand succumbs to both local and global factors. Commodities Oil was poised to resume a run of weekly gains on signs consumption is picking up. Equities Global markets trade slightly better ahead of the quadruple witching in the US market; roughly USD55-60bn is expected to be rebalanced. Date Region Event Actual/Expected/Prior Implications 18/06 [...]

Daily Market Commentary Flash Note 15 June 2020

By | 2020-06-22T10:01:03+02:00 June 15th, 2020|Markets and Research|

Currencies Rand holds steady. Commodities Oil kept falling after its first weekly drop since late April; Gold steady. Equities Fears of a second wave of COVID-19 infections are outweighing better economic data out of China.   Date Region Event Actual/Expected/Prior Implications 12/06 EZ Industrial production -28.0%/-28.8%/-13.5% Sharp drop to -28%, due to strict lockdown measures [...]

WATCH: SA Consumer Inflation up 4.5% in January

By | 2020-06-10T12:09:30+02:00 February 20th, 2020|Markets and Research, Watch This|

Consumer price inflation increased by 4.5% year-on-year in January 2020. And while this is up from December's 4% year-on-year increase and its highest up-tick in seven months, it still marks the fourteenth consecutive month that year-on-year inflation was at, or below the midpoint of the target band of 3-6%. Reezwana Sumad, of Nedbank CIB shares [...]

Monthly Insights: August 2018

By | 2018-08-08T13:48:30+02:00 August 8th, 2018|Markets and Research, Watch This|

  Executive Summary ·        There were a few bright spots in the economy in recent months – even though the manufacturing PMI declined further in May and June, actual manufacturing production growth did rebound in May, while trade activity improved sharply in 2Q18 relative to 1Q18. While it does look like SA GDP growth may improve in [...]