US

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: 2 April 2020

By | 2020-06-10T11:45:18+02:00 April 2nd, 2020|Markets and Research|

Today we are taking a look at: The magnitude of moves in SAGB yields eases slightly yesterday, with global risk the main driver – yields still remain elevated and rising The rand capitulates in low-liquidity environment Oil advanced after the US stepped up efforts to broker a price truce; gold slipped Global equity markets started [...]

Daily Market Commentary: 3 October 2019

By | 2020-06-22T10:34:08+02:00 October 3rd, 2019|Markets and Research|

Today we are taking a look at: SAGB holds a flattening bias as yields decline in the belly and back end of the curve Dollar trades weaker across the board Oil held near the lowest level in almost two months as inventories expanded the most since May and disappointing U.S. economic data added to pessimism [...]

Daily Market Commentary: 19 July 2019

By | 2020-06-22T10:45:54+02:00 July 19th, 2019|Markets and Research|

Today we are taking a look at: ·       SARB cut viewed as cautious by the market, yields decline nonetheless ·       USD on the back foot on Fed’s interest rate outlook ·       Oil snapped four days of losses after an American warship downed an Iranian drone near the Strait of Hormuz, stoking concerns crude flows from [...]

Daily Market Commentary: 17 July 2019

By | 2020-06-22T10:46:09+02:00 July 17th, 2019|Markets and Research|

Today we are taking a look at: ·       A touch of risk off as trade concerns resurface and ZAR takes a bit of a hit with SAGBs opening a little weaker ·       USDZAR holds steady ahead of the MPC ·       Oil held its biggest loss in two weeks as President Donald Trump’s threat of new [...]

Daily Market Commentary: 3 July 2019

By | 2020-06-22T10:48:01+02:00 July 3rd, 2019|Markets and Research|

Today we are taking a look at: ·       SAGB yields marginally higher as global risk assets pause after the recent rally ·       Markets likely to be cautious ahead of the US holiday tomorrow ·       Oil climbed off its lows after the API report showed a contraction in U.S. crude stockpiles last week ·       Global stocks [...]