SAGB

Daily Market Commentary: 27 May 2020

By | 2020-06-04T14:35:58+02:00 May 27th, 2020|Markets and Research|

Today we are taking a look at: SAGB curve retains a decent bid as local and offshore buying persists Global tensions halt the rand’s progress Oil declined; Gold held the biggest drop in almost four weeks Global markets seem more cautious at this stage of the rebound rally as tensions between the US and China [...]

Daily Market Commentary: 11 May 2020

By | 2020-06-10T11:35:53+02:00 May 11th, 2020|Markets and Research|

Today we are taking a look at: Risk assets trade better overnight as death rate from the coronavirus eases; despite increased bond supply announcement on Friday, SAGBs maintain rally Terrible US data sees the USD lose ground Oil dropped after posting its first back-to-back weekly gain since February All eyes this week will be on [...]

Daily Market Commentary: 8 May 2020

By | 2020-06-10T11:36:02+02:00 May 8th, 2020|Markets and Research|

Today we are taking a look at: Bull flattener persists in the SAGB yield curve as risk appetite improves, with yields sharply lower in the long end, short-end lags the rally Market focus on US data today Oil headed for its first back-to-back weekly gain since February; Gold steady The dislocation between asset prices and [...]

Daily Market Commentary: 6 May 2020

By | 2020-06-10T11:36:17+02:00 May 6th, 2020|Markets and Research|

Today we are taking a look at: A large bull steepening bias in SAGBs yesterday with both offshore and local buying, yields sharply lower, back-end follows the trend reluctantly so given dire fiscal trajectory USDZAR holds steady Oil halted its five-day rally; Spot gold steadied near $1,705 an ounce Global markets trade mostly higher as [...]

Daily Market Commentary: 5 May 2020

By | 2020-06-10T11:36:24+02:00 May 5th, 2020|Markets and Research|

Today we are taking a look at: SAGBs open stronger with risk as EM FX rallies overnight Tension between the US AND China remains elevated Oil was headed for the longest run of daily gains in more than nine months Higher Brent crude oil prices boosted equity markets this morning. SA Manufacturing PMI now at [...]