USDZAR

Daily Market Commentary: 21 May 2019

By | 2019-05-21T08:53:17+00:00 May 21st, 2019|Markets and Research|

Today we are taking a look at: Marginal flattening of SAGB yield curve as ZAR strengthened yesterday USDZAR holds steady around 14.4000 Oil rose for a second day on signs OPEC and its allies will extend production cuts beyond June, while a steadily deteriorating U.S.-China trade Global equity markets were weaker amid the US-China trade [...]

Daily Market Commentary: 13 May 2019

By | 2019-05-13T10:08:42+00:00 May 13th, 2019|Markets and Research|

Today we are taking a look at: SAGB yield curve bull flattens, following the EMFX trend; trade tensions however, still hangs in the balance USDZAR posts steady gains after the elections Oil edged lower as fears the U.S. and China are headed for a full-blown trade war were partially offset by growing supply risks Banking [...]

Daily Market Commentary: 9 May 2019

By | 2019-05-09T09:02:02+00:00 May 9th, 2019|Markets and Research|

Today we are taking a look at: SAGB maintains steepening bias ahead of local elections, thin liquidity expected ahead of the results USDZAR holds steady after elections Oil dropped after U.S. President Donald Trump escalated his rhetoric against China, dimming hopes the world’s two biggest economies can avert a resumption of their trade war Trade [...]

Daily Market Commentary: 29 April 2019

By | 2019-04-29T08:50:10+00:00 April 29th, 2019|Markets and Research|

Today we are taking a look at: NT concludes successful switch auction, with yields marginally lower afterwards USDZAR holds steady Oil extended its slide after U.S. President Donald Trump renewed his push for lower prices and Russia said it would restore normal oil flows to Eastern Europe within two weeks Global markets trade mostly firmer, [...]

Daily Market Commentary: 23 April 2019

By | 2019-04-23T08:54:11+00:00 April 23rd, 2019|Markets and Research|

Today we are taking a look at: Bull flattening of the SAGB curve continued towards the end of the week, particularly in the long end portion USDZAR trades on the back foot Oil extended gains after leaping to a six-month high after the U.S. said it will no longer give any buyer of Iranian crude [...]

Daily Market Commentary: 16 April 2019

By | 2019-04-16T09:13:08+00:00 April 16th, 2019|Markets and Research|

Today we are taking a look at: Long end portion of yield curve steepened on the back of stop selling The USDZAR trades back above 14.0000 Oil held losses below $64 a barrel as concerns over rising U.S. crude inventories and slowing growth in the world’s biggest economy kept investors wary US earnings season likely [...]