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Daily Market Commentary Flash Note – 8 March 2021

Oil prices surged above $70 a barrel after a missile attack on Saudi Arabia; Gold prices rose.

By Nedbank CIB| 2021-03-08T09:11:19+02:00 March 8th, 2021|Markets and Research|0 Comments

Rising UST yields continued to see growth assets sell off as rotation out of tech into energy and value persists.

By Nedbank CIB| 2021-03-05T08:38:56+02:00 March 5th, 2021|Markets and Research|0 Comments

Oil prices rose on Wednesday, boosted by expectations that Opec+ producers might decide against increasing output.

By Nedbank CIB| 2021-03-04T09:11:54+02:00 March 4th, 2021|Markets and Research|0 Comments

Asian markets have shrugged off the tech sell-off overnight in the US and are trading positively across the broader market.

By Nedbank CIB| 2021-03-03T08:51:31+02:00 March 3rd, 2021|Markets and Research|0 Comments

The SA manufacturing PMI surprised to the upside in February; Naamsa vehicle sales fell by 13.3% to 37 521 units.

By Nedbank CIB| 2021-03-02T09:12:12+02:00 March 2nd, 2021|Markets and Research|0 Comments

SA's Monthly Budget Balance - Large deficit in January but revenue seems to be doing well.

By Nedbank CIB| 2021-03-01T09:37:37+02:00 March 1st, 2021|Markets and Research|0 Comments