Today we are taking a look at: Moody’s downgrade triggers further round of risk-off, SAGBs yields sharply higher this morning Moody’s pulls the trigger and downgrades SA Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies Global markets weigh co-ordinated global stimulus packages vs the global spread of the [...]
Jones Gondo from Nedbank CIB spoke to Business Day TV about what a Moody's downgrade would mean for South Africa. https://www.youtube.com/watch?v=954o3rA1yBs In partnership with Business Day TV. You have shown interest in this video, you might find Markets and Research relevant as well. For more information on our Impactful Solutions for Enduring Success, visit our website.
Business Day TV spoke to Jones Gondo from Nedbank CIB about Moody's decision to lower its outlook for South Africa to negative and what the country needs to do in order to not lose its last investment grade rating. https://www.youtube.com/watch?v=hImez6mbY7Y In partnership with Business Day TV. You have shown interest in this video, [...]
Today we are taking a look at: A very quiet afternoon session on Friday with SAGBs still on the back foot going into Moody’s review USDZAR recovers from worst levels Oil held its biggest gain in almost seven weeks All eyes on Shoprite’s Sales update today. Tencent is +1.2%, US futures are +0.3% from our [...]
Today we are taking a look at: SAGB yields continued to rise following disappointing MTBPS, markets watch Moody’s tonight, we expect at least an outlook change to ‘negative’, from the current ‘stable’ All eyes on US Data and Moody’s Oil headed for its biggest weekly loss in a month; Gold is heading for a third [...]
Executive Summary The ongoing trade war between the US and China continues to be flagged as a key downside risk to global growth, with the IMF revising its global growth forecast to a post-recession low of 3.2% for 2019. The World Bank is more bearish, with a global growth estimate of 2.6% [...]