US

Daily Market Commentary: 3 October 2019

By | 2019-10-03T14:21:09+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 | 2019-07-19T08:12:27+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 | 2019-07-17T08:24:01+02:00 July 17th, 2019|Uncategorized|

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 | 2019-07-10T09:26:18+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 [...]

Daily Market Commentary: 2 July 2019

By | 2019-07-10T09:25:42+02:00 July 2nd, 2019|Markets and Research|

Today we are taking a look at: ·       Risk off overnight as global growth concerns are in the spotlight and US turns its sanctions attention to Europe, SAGBs weaken in line with EM ·       USDZAR holds largely steady ·       Oil edged lower as investors weighed troubling economic data from around the world against OPEC’s extension [...]

Daily Market Commentary: 27 May 2019

By | 2019-05-27T09:19:38+02:00 May 27th, 2019|Markets and Research|

Today we are taking a look at: SAGBs maintain bull steepening bias after the dovish SARB, yields marginally lower across the curve from a week ago Local markets now await the announcement of the cabinet WTI oil held gains above $58 a barrel after American explorers reduced drilling activity to the least in more than [...]