SA PPI

Daily Market Commentary Flash Note – 25 June 2020

By | 2020-06-25T10:31:27+02:00 June 25th, 2020|Markets and Research|

Currencies Rand falters after budget adjustment speech. Commodities Oil prices inched up in early trading. Equities Global trade concerns and new COVID-19 cases weighed on investor sentiment. Date Region Event Actual/Expected/Prior Implications 24/06 SA CPI 3.0%/3.0%/4.1% Rate dropped to 3.0% in April from 4.1% in March. 25/06 SA PPI --/1.9%/3.3% Expected to drop to 1.9%. [...]

Daily Market Commentary: 1 November 2019

By | 2020-02-24T16:00:32+02:00 November 1st, 2019|Markets and Research|

Today we are taking a look at: SAGB yields continued to rise following disappointing MTBPS, markets watch Moody’s tonight, we expect at least an outlook change to ‘negative’, from the current ‘stable’ All eyes on US Data and Moody’s Oil headed for its biggest weekly loss in a month; Gold is heading for a third [...]

Daily Market Commentary: 27 September 2019

By | 2019-10-07T15:49:17+02:00 September 27th, 2019|Markets and Research|

Today we are taking a look at: Another low turnover day for SA as SAGBs retrace some of the recent losses as the ZAR gets back below 15.00 USDZAR remains on the back foot Oil is heading for the biggest weekly loss since July on indications Saudi Arabia is restoring lost crude production quicker-than-expected Global [...]

Daily Market Commentary: 26 April 2019

By | 2020-06-22T10:57:24+02:00 April 26th, 2019|Markets and Research|

Today we are taking a look at: SAGB curve steepens sharply on the back of ZAR weakness and local switch auction announcement The rand stages a minor recovery Oil headed for its longest weekly winning streak in almost four years on the prospect of a supply crunch The JSE and global markets trade lower, weighed [...]

Daily Market Commentary: 29 March 2019

By | 2020-06-22T11:00:49+02:00 March 29th, 2019|Markets and Research|

Today we are taking a look at: Bull steepening with bonds outperforming swaps after what is being seen as a dovish MPC All eyes on Moody’s Oil headed for its best quarter in almost 10 years as the OPEC+ coalition’s production cuts and the loss of barrels due to U.S. sanctions on Iran and Venezuela [...]