Moody’s

Market Insights: Is a downgrade to junk inevitable for SA?

By | 2019-11-07T08:05:59+02:00 November 7th, 2019|Investment Banking, Markets and Research, Watch This|

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, [...]

Daily Market Commentary: 4 November 2019

By | 2019-11-04T09:50:01+02:00 November 4th, 2019|Markets and Research|

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 [...]

Daily Market Commentary: 1 November 2019

By | 2019-11-01T09:03:06+02:00 November 1st, 2019|Markets and Research|

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 [...]

Daily Market Commentary: 11 September 2019

By | 2019-09-11T09:58:59+02:00 September 11th, 2019|Markets and Research|

Today we are taking a look at: Moody's yesterday again talking more positively than the market is pricing so we saw some post auction flattening in the yield curve The rand encounters renewed support Oil rose as API data showed a decline in American crude inventories, Gold prices edged up SA manufacturing output contracts in [...]