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 [...]

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 [...]

Monthly Insights: April 2019

By | 2019-04-08T16:27:12+02:00 April 8th, 2019|Finance, General, Watch This|

  Executive Summary Despite the recent uptick in the international Brent price, it is still 2% lower than it was a year ago. Global growth is easing, and demand-pull inflation is receding, dampening the global inflation trajectory. Furthermore, global commodity prices remain low because of the slowdown in key consumer, China. All these [...]

Daily Market Commentary: 3 April 2019

By | 2019-04-03T08:22:14+02:00 April 3rd, 2019|Markets and Research|

Today we are taking a look at: A strong auction on improving risk appetite gained momentum until the Moody's headlines hit and R186s bottomed out at 8.42 and ZAR at 14.0750, before both rates and FX bounced aggressively to close poorly Foreign exchange markets hold steady Oil rallied for a fourth day, rising with other [...]

Daily Market Commentary: 1 April 2019

By | 2019-04-01T11:36:47+02:00 April 1st, 2019|Markets and Research|

Today we are taking a look at: Offshore quarter end inflows result in SAGB yields sharply lower on the day USDZAR recovers after Moody’s review Oil extended gains on signs China is stabilizing, and as investors hope for a breakthrough in U.S.-China trade talks that will resume this week Asian markets are seeing gains this [...]