SA GDP

Daily Market Commentary: 6 June 2018

By | 2020-06-22T11:51:48+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 [...]

Daily Market Commentary: 7 December 2016

By | 2020-03-17T10:03:19+02:00 December 7th, 2016|Investment Banking, Markets and Research, Uncategorized|

Today we are taking a look at: SA GDP disappoints as manufacturing represents key drag in Q3, most sectors deteriorated in Q3, while investment continues to contract Dollar subdued but marginally stronger, hence global majors trade with a weak bias; USDZAR continue strengthening, traded below R13.60/$ intraday Top 40 slumps 1.78%, due to widespread losses [...]

Daily Market Commentary: 7 September 2016

By | 2017-03-02T20:54:41+02:00 September 7th, 2016|Markets and Research|

Today we are taking a look at: SA GDP growth rebounds in Q2, led by mining and manufacturing growth USDZAR sharply stronger, below R14.00/$ this morning, on the back of a weaker dollar; global majors supported as a result Top 40 index sheds 0.15 %, led by resources; US equities marginally positive on lower Fed [...]