PMI

Daily Market Commentary: 2 July 2019

By | 2019-07-10T09:25:42+02:00 July 2nd, 2019|Markets and Research|

Today we are taking a look at: ·       Risk off overnight as global growth concerns are in the spotlight and US turns its sanctions attention to Europe, SAGBs weaken in line with EM ·       USDZAR holds largely steady ·       Oil edged lower as investors weighed troubling economic data from around the world against OPEC’s extension [...]

Monthly Insights: March 2019

By | 2019-03-11T13:20:38+02:00 March 11th, 2019|Finance, General, Watch This|

  Executive Summary There has been a broad decline in inflation rates across the world, including a sharp downward surprise in our own (SA) inflation print for January. Lower energy prices, a decline in raw material and machinery costs, as well as falling demand-pull inflation have been key reasons for the falling inflation trajectory [...]

Daily Market Commentary: 4 December 2017

By | 2017-12-04T09:46:54+02:00 December 4th, 2017|Markets and Research|

Today we are taking a look at: Foreign investors sell R1.37 billion of bonds on Friday and over R8 billion for the week Market focus now largely only on the outcome of the ANC NEC The gold price remains subdued, although Brent crude remains elevated,  it has eased marginally as US oil rig activity rose The JSE [...]

Daily Market Commentary: 23 June 2017

By | 2017-06-23T08:49:15+02:00 June 23rd, 2017|Markets and Research|

Today we are taking a look at: Foreign investors purchase R87 million worth of SAGBs yesterday, both foreign and local interest was upbeat USDZAR falls back below R13.00/$, weaker dollar supports majors, yen bucks the trend as PMI disappoints Brent maintained the weak trend yesterday, the dollar remained upbeat, while gold eased slightly Top 40 [...]

Daily Market Commentary: 7 November 2016

By | 2017-03-02T20:54:23+02:00 November 7th, 2016|Finance, General, Markets and Research|

Today we are taking a look at: US payrolls disappoint, participation rate declines, but unemployment falls, wage growth rises and labour market recovery persists Global majors weaker this morning as dollar rebounds; USDZAR weakens to R13.57/$ this morning Top 40 slumps 1.1% on Friday, due to widespread losses; US equities negative on the back of [...]

Daily Market Commentary: 25 July 2016

By | 2016-07-25T11:21:01+02:00 July 25th, 2016|Finance, Markets and Research|

Today we are taking a look at: EM and commodity currencies strengthen for the YTD, lifted by risk-on demand and commodity prices Rand loses momentum, weakens into the close on Friday; pound sharply weaker due to negative economic data, euro and majors weaker as well Top 40 lacklustre, JSE foreign stats incorrect, US markets end [...]