SACCI

Daily Market Commentary: 11 April 2019

By | 2019-04-11T08:23:57+02:00 April 11th, 2019|Markets and Research|

Today we are taking a look at: Continued EM risk-on fuels demand for SAGBs with yields falling and further curve flattening into the 30y point USDZAR breaks below R14.00/USD due to dovish global central banks Oil struggled to extend gains beyond a five-month high as an increase in U.S. crude inventories to the highest since [...]

Daily Market Commentary: 11 October 2018

By | 2018-10-24T09:21:51+02:00 October 11th, 2018|Markets and Research|

Today we are taking a look at: National Treasury announces another switch auction, mixed reaction, SAGBs bear steepening VBS joins the list of failed local institutions Oil headed for the biggest two-day drop since July as a rout in stocks spread to commodity markets Weakness in global equity markets continued on concerns that higher US [...]

Daily Market Commentary: 11 July 2018

By | 2018-07-11T08:38:04+02:00 July 11th, 2018|Markets and Research|

Today we are taking a look at: SAGBs hesitant to follow ZAR rally, yields rise marginally intraday Trade war concerns back at the forefront, USDZAR weakens this morning Gold remains range-bound, oil rises further due to supply disruptions in some parts of the world, along with Iranian sanctions forcing reduced imports Asian markets are trading [...]

Daily Market Commentary: 7 June 2018

By | 2018-06-07T09:15:21+02:00 June 7th, 2018|Markets and Research|

Today we are taking a look at: Foreign selling of SA bonds persists, higher bond yields track ZAR weakness Mixed day in the currency markets as dollar stumbles Gold trades range-bound but firmer amid a weaker dollar; Brent marginally higher JSE returns to gains, Europe ends mixed while the US extended gains SACCI business confidence [...]