oil

Daily Market Commentary: 6 December 2019

By | 2019-12-06T08:38:35+02:00 December 6th, 2019|Uncategorized|

Today we are taking a look at: Fairly muted session going into the close with the curve still better offered, yields marginally higher Market focus today on US data Oil sputtered near $58 a barrel as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target SA [...]

Daily Market Commentary: 4 December 2019

By | 2019-12-04T09:25:23+02:00 December 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yield curve bear steepens after GDP disappointment, yields higher, ZAR weaker Risk aversion increases on President Trump’s trade-deal comments Oil defied trade-deal bearishness to rise for a third day, Gold little changed World equity markets are taking a breather as tariff/political tensions rise between the two biggest [...]

Daily Market Commentary: 28 November 2019

By | 2019-11-28T09:10:47+02:00 November 28th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields higher in light of event risks and thin liquidity – market will watch Eskom results closely US Thanksgiving holiday today Oil fell for a second day after U.S. crude production rose to a record; Gold rose as investors weigh the prospect of rising tensions in U.S.-China [...]

Daily Market Commentary: 22 November 2019

By | 2019-11-22T11:04:33+02:00 November 22nd, 2019|Markets and Research|

Today we are taking a look at: Neutral market reaction to dovish SARB, SAGB yields fractionally higher Local focus now shifts to the S&P announcement Oil pared its third weekly advance as investors monitor developments in the trade war The JSE and global markets trade lower as US-China trade concerns continue to weigh on sentiment [...]

Daily Market Commentary: 19 November 2019

By | 2019-11-19T08:59:29+02:00 November 19th, 2019|Markets and Research|

Today we are taking a look at: The ZAR a touch weaker as the market absorbs the Eskom appointment; some space was made yesterday for the bond auction today The rand trades weaker as local factors weigh on it Oil dropped for a second day on indications U.S. crude stockpiles and shale output will continue [...]

Daily Market Commentary: 15 November 2019

By | 2019-11-15T09:54:20+02:00 November 15th, 2019|Markets and Research|

Today we are taking a look at: Emerging markets trade generally firmer Oil pared a weekly loss as investors weighed signs of progress in the trade war against swelling American crude inventories Emerging markets were back in vogue after China dropped import tariffs on US poultry; SA Inc. caught a bid on the stronger rand [...]