ZAR

Daily Market Commentary: 20 February 2020

By | 2020-02-20T08:49:31+02:00 February 20th, 2020|Markets and Research|

Today we are taking a look at: SAGBs remain resilient despite the sell-off in the ZAR, below-consensus CPI print supports yields across the curve Eskom headlines weigh on the rand Oil extended gains to an eighth day, Precious metals edged lower except for palladium Equity markets initially reacted to the death toll from the coronavirus [...]

Daily Market Commentary: 19 February 2020

By | 2020-02-19T09:18:40+02:00 February 19th, 2020|Markets and Research|

Today we are taking a look at: ZAR trades stronger overnight, but SAGBs open unchanged after yields rose marginally yesterday SARB sees room for further cuts later in the year Oil held steady after U.S. sanctions on Russia's largest producer; Gold traded near the highest level since 2013 on concerns over coronavirus Global markets rebound [...]

Daily Market Commentary: 18 February 2020

By | 2020-02-18T09:36:13+02:00 February 18th, 2020|Markets and Research|

Today we are taking a look at: SAGBs weaken in line with ZAR, yields higher across the curve after Moody’s revises SA’s GDP growth forecast lower Moody’s dampens outlook for the rand Oil snapped the longest run of daily gains this year; Gold advanced as risk-off sentiment crept back into markets Apple warns of lower [...]

Daily Market Commentary: 28 January 2020

By | 2020-02-17T13:37:48+02:00 January 28th, 2020|Markets and Research|

Today we are taking a look at: SAGB bear steepens as fiscal concerns persist, yields higher in line with ZAR The rand retreats as the coronavirus spreads Oil extended declines after closing at the lowest level since mid-October; Spot gold was steady at $1,580.52/oz. Coronavirus fears cause a sell-off in risky assets

Daily Market Commentary: 27 January 2020

By | 2020-02-17T13:38:20+02:00 January 27th, 2020|Markets and Research|

Today we are taking a look at: More steepening in the SAGB curve with front end following ZAR but longer-end lagging The coronavirus has markets on the back foot Oil tumbled on fears coronavirus will crimp demand; Spot gold rose to its highest since Jan. 8 Talk of extending the Chinese holidays on the back [...]

Daily Market Commentary: 16 January 2020

By | 2020-02-17T14:28:16+02:00 January 16th, 2020|Markets and Research|

Today we are taking a look at: ZAR trades well into our close, dragging the rest of EM with it. SAGBs however, very lacklustre with all the action in FRA's heading into the SARB MPC decision tomorrow Currency markets cautious over “phase-one” Sino-US trade agreement. SARB meeting today Oil rebounded after the U.S. and China [...]