Daily Market Commentary Flash Note – 14 May 2021
The foreign exchange markets remain cautious as uncertainty prevails. Benchmark crude oil contracts retreated overnight.
Daily Market Commentary Flash Note – 13 May 2021
US inflation shock to the upside sees tech rerating across the globe as investors tweak their valuation models.
Daily Market Commentary Flash Note – 12 May 2021
SA manufacturing output sharply higher in March. Brent crude oil is hovering just above $68 per barrel.
Daily Market Commentary Flash Note – 11 May 2021
Asian stocks along with US futures have slid again after a tech-led Wall Street tumble last night as surging commodity prices stoked concerns about inflation.
Daily Market Commentary Flash Note – 10 May 2021
A faltering USD sees the rand trade towards the 14.0000 level. Brent crude oil remains above $68,50 per barrel; Gold is better bid as are PGM’s.
Daily Market Commentary Flash Note – 7 May 2021
Commodities are stronger across the board after a strong set of export data from China, which has led to some risk-on action into the weekend.