US Fed

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 [...]

Daily Market Commentary: 22 March 2019

By | 2019-03-22T10:03:12+00:00 March 22nd, 2019|Markets and Research|

Today we are taking a look at: SAGBs rally sharply as the Fed pauses interest rate hikes, investors search for yield pick-up Local focus now shifts to Moody's Oil hovered near a four-month high as a rising dollar capped crude’s rally; Gold is poised for a third straight weekly gain as investors assessed the Fed’s [...]

Monthly Insights: December 2018

By | 2018-12-11T10:59:26+00:00 December 11th, 2018|Markets and Research, Watch This|

Executive Summary ·        After sounding increasingly hawkish since its September meeting, the US Fed has come to the realisation that it may need to reassess its policy tools, and its tightening strategy. While domestic macroeconomic data remain upbeat, cracks have started to emerge in the form of a slowdown in business capex spending, tighter global [...]

Daily Market Commentary: 12 November 2018

By | 2018-11-12T09:40:30+00:00 November 12th, 2018|Markets and Research|

Today we are taking a look at: SAGBs recover from the high of 9.24 (R186s) in a subdued end to the week, but still underperform as EMFX ends the week badly post Fed Rand retreats as the dollar rebounds, global majors remain weak Gold sharply lower amid a strong dollar; Brent still low but small [...]

Daily Market Commentary: 3 May 2018

By | 2018-05-03T08:42:00+00:00 May 3rd, 2018|Markets and Research|

Today we are taking a look at: Thin liquidity conditions and small inflows seen in the bond market yesterday The focus in the FX market now shifts to US NFP data tomorrow Commodity prices remain subdued, weighed by the recent dollar strength Global markets experienced choppy trading ahead of the FOMC meeting. Markets that were closed on [...]