Nedbank CIB

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So far Nedbank CIB has created 936 blog entries.

Daily Market Commentary: 26 May 2020

By | 2020-05-26T09:53:17+02:00 May 26th, 2020|Markets and Research|

Today we are taking a look at: US and US public holiday meant thin liquidity conditions in the local market, SAGB yields track ZAR, with yields lower with a flattening bias The rand holds steady in illiquid markets Oil prices rose on clear signs that producers are sticking to commitments to cut crude supply Asian [...]

Daily Market Commentary: 22 May 2020

By | 2020-05-22T09:48:05+02:00 May 22nd, 2020|Markets and Research|

Today we are taking a look at: SAGB yield curve flattens sharply as the SARB MPC was less dovish than market expectations, front end yields rise SARB cuts by 50BPS Oil retreated from the highest level in more than two months US-China tensions ratchet up, seeing risk-off trade across global equity markets into the long [...]

WATCH: Retail sales jump 2% year-on-year in February

By | 2020-05-21T13:52:47+02:00 May 21st, 2020|Sustainable Business, Watch This|

Retail sales increased in February, rising 2% year-on-year. This was mainly boosted by sales at general dealers and 'all other retailers' which include sporting and second-hand goods. Business Day TV discussed what the data suggests for sales going forward with Reezwana Sumad from Nedbank CIB. https://www.youtube.com/watch?v=bLGKKOarAQI In partnership with Business Day TV. If you [...]

Daily Market Commentary: 21 May 2020

By | 2020-05-21T09:03:21+02:00 May 21st, 2020|Markets and Research|

Today we are taking a look at: All eyes on the SARB’S MPC meet today Gold edged lower; oil edged higher after data showed U.S. crude inventories fell again Equity markets held on to gains, despite scepticism about a potential vaccine weighing on sentiment SA retail sales growth accelerated to 2% y/y in February