ZAR

Daily Market Commentary: 3 December 2019

By | 2019-12-03T09:23:05+02:00 December 3rd, 2019|Markets and Research|

Today we are taking a look at: SAGBs open stronger this morning, in line with the ZAR, markets will watch Q3 GDP data this morning USDZAR breaches sub-14.6000 Oil held gains as OPEC crude output dropped before the group and its allies meet this week to set the path for future production cuts Weak PMI [...]

Daily Market Commentary: 2 December 2019

By | 2019-12-02T09:26:17+02:00 December 2nd, 2019|Markets and Research|

Today we are taking a look at: ZAR rallies after positive Asian economic data, however SAGBs remain sticky, opening unchanged this morning The rand holds steady in the mid-14.60s Oil rebounded from the biggest weekly loss since October; Gold declined as stocks in Asia rose after data on China’s economy pointed to an improvement, curbing [...]

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 [...]