USD

Daily Market Commentary: 24 April 2019

By | 2019-04-24T08:32:23+00:00 April 24th, 2019|Markets and Research|

Today we are taking a look at: SAGB curve steepens after local bond auction, yields higher, following ZAR move The USD firmly on the front foot across the board Oil pulled back from a six-month high, as an industry report signalling a gain in U.S. crude inventories partly offset concerns over America’s campaign to halt [...]

Daily Market Commentary: 11 April 2019

By | 2019-04-11T08:23:57+00:00 April 11th, 2019|Markets and Research|

Today we are taking a look at: Continued EM risk-on fuels demand for SAGBs with yields falling and further curve flattening into the 30y point USDZAR breaks below R14.00/USD due to dovish global central banks Oil struggled to extend gains beyond a five-month high as an increase in U.S. crude inventories to the highest since [...]

Daily Market Commentary: 18 March 2019

By | 2019-03-18T10:06:01+00:00 March 18th, 2019|Markets and Research|

Today we are taking a look at: SAGBs follow ZAR, yields decline on Friday, supported by USD weakness The rand holds steady despite ongoing woes at Eskom Oil retreated for a second session after Saudi said the job of balancing the market was “nowhere near complete.” Value traded jumped to R43.5bn due to index rebalancing activity with [...]

Monthly Insights: March 2019

By | 2019-03-11T13:20:38+00:00 March 11th, 2019|Finance, General, Watch This|

  Executive Summary There has been a broad decline in inflation rates across the world, including a sharp downward surprise in our own (SA) inflation print for January. Lower energy prices, a decline in raw material and machinery costs, as well as falling demand-pull inflation have been key reasons for the falling inflation trajectory [...]

Daily Market Commentary: 4 March 2019

By | 2019-03-04T12:13:56+00:00 March 4th, 2019|Markets and Research|

Today we are taking a look at: Risk on in Asia as rumours of an imminent trade agreement hits the wires and Trump speaks of a 'competitive dollar’ Trump blames the FED for strong USD Oil climbed on signs of slowing U.S. production growth and as OPEC and its allies deepened output cuts aimed at [...]