SA CPI

Daily Market Commentary: 23 May 2019

By | 2019-05-23T09:26:10+00:00 May 23rd, 2019|Markets and Research|

Today we are taking a look at: SAGB yields edge lower after downside CPI surprise, markets watch SARB MPC today Markets continue to await the cabinet announcement Oil extended losses after a surprise jump in American crude inventories alleviated concerns over a supply crunch, while the demand outlook remained bleak as there was no let [...]

Daily Market Commentary: 18 April 2019

By | 2019-04-18T09:00:04+00:00 April 18th, 2019|Markets and Research|

Today we are taking a look at: SAGB curve bull flatten back to auction levels in thin liquidity The rand holds steady at sub 14.0000 Oil held losses below $64 a barrel as government data showing U.S. crude stockpiles didn’t fall as much as anticipated eased concern about a global supply crunch The Top40 closed [...]

Daily Market Commentary: 22 March 2019

By | 2019-03-22T10:03:12+00:00 March 22nd, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally sharply as the Fed pauses interest rate hikes, investors search for yield pick-up Local focus now shifts to Moody's Oil hovered near a four-month high as a rising dollar capped crude’s rally; Gold is poised for a third straight weekly gain as investors assessed the Fed’s [...]

Daily Market Commentary: 21 February 2019

By | 2019-02-21T10:31:46+00:00 February 21st, 2019|Markets and Research|

Today we are taking a look at: Volatile reaction to budget, with yields initially spiking, then slumping Local focus now drifts to rating agency reviews Global markets traded higher ahead of the release of the Federal Reserve’s minutes US FOMC minutes maintain dovish rhetoric; SA CPI surprises to the downside and budget speech downbeat [...]

Daily Market Commentary: 24 January 2019

By | 2019-01-24T08:56:18+00:00 January 24th, 2019|Markets and Research|

Today we are taking a look at: SA bonds yields rally on support from offshore flows, despite Eskom noise USDZAR holds steady WTI held losses below $53 a barrel as outlook for global economic growth darkened with signs of rising U.S. crude inventories Global growth and US-China trade concerns continue to weigh on markets. US [...]

Daily Market Commentary: 22 November 2018

By | 2018-11-22T09:18:25+00:00 November 22nd, 2018|Markets and Research|

Today we are taking a look at: Some position squaring ahead of the US holiday resulted in a rally in SAGB yields, markets remain cautious ahead of SARB rate decision today Local FX market remains fixated on SARB MPC meeting this afternoon, ZAR posts strong gains on expectations of a SARB hike Brent remains low, [...]