Monthly Insights: September 2018

By | 2018-09-11T14:32:59+02:00 September 11th, 2018|Finance, General, Markets and Research, Watch This|

  Executive Summary ·        SA GDP growth is expected to rebound, albeit marginally, in 2Q18, mainly as a result of the low base effect afforded by the deep 1Q18 contraction. The Nedbank Group Economic Unit forecasts 2Q18 growth at 0.2% quarter-on-quarter, before recovering modestly in the following two quarters. ·        A burning issue at the moment [...]

Daily Market Commentary: 6 June 2018

By | 2018-06-06T08:54:47+02:00 June 6th, 2018|Markets and Research|

Today we are taking a look at: SAGB yields higher on the back of large fast-money selling The rand on the back foot across the board despite a weaker dollar Gold price remains downbeat, Brent crude declines sharply as OPEC and Russia consider raising output by 1 million bpd The JSE ends little changed. European [...]

Daily Market Commentary: 7 March 2018

By | 2018-03-07T10:13:47+02:00 March 7th, 2018|Markets and Research|

Today we are taking a look at: SA GDP data and continuing risk on gives SAGBs good support after last week's rout of the back end SA GDP beating estimates provides support for the Rand; US dollar weakens further amid news of further curbs on imports Gold remains upbeat, supported by a weak dollar; Crude [...]

Daily Market Commentary: 6 September 2017

By | 2017-09-06T08:24:21+02:00 September 6th, 2017|Markets and Research|

Today we are taking a look at: Large foreign inflows into local bond market yesterday to the value of R1.36 billion Local GDP provides support for the rand Gold remains elevated amid geopolitical risks; Brent surges as refineries in Texas reopen after hurricane US stocks slide as traders return from the long weekend to increased [...]