Daily Market Commentary Flash Note – 26 July 2021
Market focus this week will be on the FOMC; rand under pressure above 14.8000. Brent crude oil remains well above $73,50 per barrel.
Daily Market Commentary Flash Note – 23 July 2021
Asian markets have not followed their US counterparts higher as broad-based selling of defensives and cyclical names weigh on their markets. There has been a renewed push towards global tech, but regulatory headwinds in China are excluding Chinese tech from the rally.
Daily Market Commentary Flash Note – 22 July 2021
Global markets remain the driver as solid corporate earnings outweigh concerns about the Delta variant.
Daily Market Commentary Flash Note – 21 July 2021
Asian equity markets are mixed as global investors weigh the solid US earnings vs an increasingly worrying pickup in COVID-19 cases.
Daily Market Commentary Flash Note – 20 July 2021
The rand remains vulnerable but holds relatively steady as a degree of calm returns to the country.
Daily Market Commentary Flash Note – 19 July 2021
Currencies The rand recovers into the close of the week; currently, it trades in the mid-14.40s.CommoditiesBenchmark crude oil prices retreated as OPEC+ agreed to increase supply [...]