Daily Market Commentary: 7 October 2019

By | 2019-10-07T15:42:21+02:00 October 7th, 2019|Markets and Research|

SAGBs follow ZAR stronger, albeit in thin volumes Market focus again on trade talks Oil kept falling after its biggest weekly drop since July as signs that reaching a comprehensive U.S.-China trade deal will be tough Global equities have drifted lower post a report that China’s willingness to agree on a broad based trade deal [...]

Daily Market Commentary: 1 October 2019

By | 2019-10-03T14:35:27+02:00 October 1st, 2019|Markets and Research|

Today we are taking a look at: The slightly stronger ZAR gives SAGBs a marginal bid this morning The rand remains steady above the 15.0000 level Oil edged higher after its biggest quarterly drop this year, Gold held a decline near the lowest level in eight weeks SA budget deficit narrows, but trend remains a [...]

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: 30 May 2019

By | 2019-05-30T08:51:00+02:00 May 30th, 2019|Markets and Research|

Today we are taking a look at: A decent bounce in risk in the US afternoon continues into Asia and gives EMFX a fillip; ZAR and SAGBs open up stronger USDZAR posts gains on cabinet announcement The oil price rose overnight as a bigger-than-forecast drop in U.S. crude stockpiles added to concerns that global supply [...]

Daily Market Commentary: 21 May 2019

By | 2019-05-21T08:53:17+02:00 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 [...]