SA PMI

Daily Market Commentary: 4 June 2019

By | 2019-06-04T12:06:52+00:00 June 4th, 2019|Markets and Research|

Today we are taking a look at: Dovish Fed gives rates a boost, SAGB yield curve bucks the steepening bias and flattens modestly as yields decline across the curve Fed comments put the USD on the back foot Oil extended losses after plunging 10% in four days as the prospect of a sharp slowdown in [...]

Daily Market Commentary: 3 May 2019

By | 2019-05-03T09:02:32+00:00 May 3rd, 2019|Markets and Research|

Today we are taking a look at: Risk-off hampers EM FX, with ZAR above R14.50/$, bonds follow suit, with yields higher over the day Rand under pressure ahead of NFP data Oil headed for its first back-to-back weekly loss this year as swelling U.S. crude inventories and Russia’s failure to meet a targeted production cut [...]

Monthly Insights: February 2019

By | 2019-02-17T20:12:44+00:00 February 17th, 2019|Finance, General, Watch This|

  Executive Summary· In the past month, we have seen global central banks capitulate, along with some EM central banks, as a result of lower global growth, inflation metrics and trade activity. Further geopolitical risks in the form of trade wars and tighter financial conditions exacerbated the capitulation. In the past month, we have also seen [...]

Daily Market Commentary: 4 February 2019

By | 2019-02-04T12:50:15+00:00 February 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields a tad higher as risk on fades slightly, local issues likely to dominate headlines Mining Indaba kicks off in Cape Town Oil held gains near a two-month high after data showed U.S. production growth slowing Global markets trade mostly higher, buoyed by better-than-expected US jobs data; [...]

Daily Market Commentary: 10 January 2019

By | 2019-01-10T09:11:08+00:00 January 10th, 2019|Markets and Research|

Today we are taking a look at: ·         Risk assets supported by a weaker dollar, cautious Fed ·         Emerging markets rally post FOMC minutes ·         Oil continues to rally as OPEC set to achieve production cuts; Gold continues to rally ·         The Top40 closed up +2%, Europe added +1% and FOMC pushed US markets to close in the black [...]

Daily Market Commentary: 2 November 2018

By | 2018-11-02T11:01:16+00:00 November 2nd, 2018|Markets and Research|

Today we are taking a look at: SAGB yield curve better bid with some activity from local investors Rand firms up, all eyes on US Data Gold rallies as dollar weakens, Brent continues to decline as supply fears abate Asian markets are strong this morning as concerns about the trade war abated and Chinese stimulus. [...]