Currencies Rand loses ground as the MTBPS disappoints. Commodities Oil held near a four-week low; Gold little changed. Equities US equity futures slide as concerns about rising coronavirus cases put a dampener on growth as vaccine trials stall. Date Region Event Actual/Expected/Prior Implications 28/10 SA CPI 3.0%/3.0%/3.1% Headline inflation slowed to 3% in line [...]
Currencies All eyes on the finance minister today. Commodities Oil prices slid in Asia trade; Gold prices were subdued. Equities US equity futures slide as concerns about rising coronavirus cases put a dampener on growth as vaccine trials stall. Date Region Event Actual/Expected/Prior Implications 28/10 SA CPI --/3%/3.1% Headline inflation is expected to slow [...]
Currencies Rand posts small gains overnight. Commodities Oil was steady near a three-week low; Gold gained in early Asia trade Equities Global markets trade cautiously ahead of US elections; expect volatility to pick up over the next few days as liquidity dries up. Date Region Event Actual/Expected/Prior Implications 28/10 SA CPI --/3%/3.1% Headline inflation [...]
Currencies Rand posts steady gains over the last week. Commodities Oil extended its slide to a second day; Gold eased to an over one-week low. Equities Busy week for global earnings… Facebook, Apple, BP, GE, Caterpillar; locally: FBR, ANH, AFT, SSW, IAP, GLN, IMP, MTN and MNK…miners’ quarterly sales updates. Date Region Event Actual/Expected/Prior [...]
Currencies Rand remains resilient. Commodities Oil headed for a slight weekly; Gold prices dipped. Equities The JSE and European markets end lower, while the US and Asian markets trade firmer on the prospect of more fiscal stimulus. Date Region Event Actual/Expected/Prior Implications 23/10 UK Retail Sales --/3.7%/2.8% Consumers remain cautious at the back of [...]
Currencies Rand posts gains and holds steady. Commodities Oil prices dropped in early trade. Equities US earnings – 85% beat on earnings out of the 84 companies that have reported so far, with tech in vogue this week. Date Region Event Actual/Expected/Prior Implications 22/10 US Initial Jobless Claims --/865k/898k Jobless claims to come in [...]
