USDZAR

Daily Market Commentary: 27 September 2019

By | 2019-10-07T15:49:17+02:00 September 27th, 2019|Markets and Research|

Today we are taking a look at: Another low turnover day for SA as SAGBs retrace some of the recent losses as the ZAR gets back below 15.00 USDZAR remains on the back foot Oil is heading for the biggest weekly loss since July on indications Saudi Arabia is restoring lost crude production quicker-than-expected Global [...]

Daily Market Commentary: 20 September 2019

By | 2019-10-07T16:01:47+02:00 September 20th, 2019|Markets and Research|

Today we are taking a look at: SAGB curve flattens as long-end yields decline on SARB hold USDZAR trades weaker after MPC The threat of war in the Middle East is pushing oil prices higher again; Gold headed for its first weekly advance in four as economic headwinds and monetary easing stayed in focus The [...]

Daily Market Commentary: 17 September 2019

By | 2019-09-17T09:51:58+02:00 September 17th, 2019|Markets and Research|

Today we are taking a look at: Geopolitical tension spurs risk-off as SAGB yields rise sharply USDZAR trades on the back foot as global tensions remain elevated Gold and silver futures retreated, while nickel extended its decline MSCI rebalance is out of the way, and both Prosus and Naspers ended in the opposite direction due [...]

Daily Market Commentary: 5 September 2019

By | 2019-09-05T11:55:51+02:00 September 5th, 2019|Markets and Research|

Today we are taking a look at: SAGBs fail to sustain rally going into the close in a fairly quiet session, however risk trades better overnight, hence we could see yield decline in the near term USDZAR consolidates gains sub 15.0000 Oil prices lower, giving up some of the strong gains of the previous session [...]

Daily Market Commentary: 4 September 2019

By | 2019-09-04T11:41:11+02:00 September 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally lower after a better than expected GDP print, follows rally in the ZAR USDZAR stages a modest recovery after the release of the GDP data Oil held near a one-week low amid trade tensions while gold held near the highest close since 2013 as investors [...]