SARB

Daily Market Commentary: 23 March 2020

By | 2020-06-10T11:49:45+02:00 March 23rd, 2020|Markets and Research|

Today we are taking a look at: Coronavirus death toll prompts sharp sell-off in bonds and equities, SAGB yields continue to climb, SARB begins intraday repo purchases Local markets await the president’s address today Oil dropped toward the lowest level since 2003; Gold dropped again as investors buckled in for yet another volatile week of [...]

Daily Market Commentary: 20 March 2020

By | 2020-06-10T11:49:53+02:00 March 20th, 2020|Markets and Research|

Today we are taking a look at: SARB reduces interest rates by 100bps, SAGBs pare losses, but still ends the day on the back foot, in line with global risk assets Markets continue to trade on headlines Oil continued climbing after its biggest ever single-day gain as Trump waded into the price war between Saudi [...]

Daily Market Commentary: 19 February 2020

By | 2020-06-10T14:07:34+02:00 February 19th, 2020|Markets and Research|

Today we are taking a look at: ZAR trades stronger overnight, but SAGBs open unchanged after yields rose marginally yesterday SARB sees room for further cuts later in the year Oil held steady after U.S. sanctions on Russia's largest producer; Gold traded near the highest level since 2013 on concerns over coronavirus Global markets rebound [...]

Daily Market Commentary: 22 January 2020

By | 2020-06-10T14:17:16+02:00 January 22nd, 2020|Markets and Research|

Today we are taking a look at: SAGBs trade well, supported by offshore demand for yield, yields marginally lower across the curve as a result Global focus on the spread of the coronavirus Oil fell on notions supply remains sufficient; Gold was steady in Asia Naspers’ placing of 22m Prosus shares after market will likely [...]

Daily Market Commentary: 10 January 2020

By | 2020-06-10T14:19:12+02:00 January 10th, 2020|Markets and Research|

Today we are taking a look at: SAGB yields marginally higher in the back end of the curve, markets look to SARB MPC next week for further direction Currency markets take a breather as tensions ease Oil headed for its first weekly loss since November as the prospect of a U.S.-Iranian war receded, easing fears [...]