Markets and Research

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 [...]

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

Daily Market Commentary: 20 May 2020

By | 2020-05-20T09:22:28+02:00 May 20th, 2020|Markets and Research|

Today we are taking a look at: Auction clears well with decent demand, however SAGB yields higher in the afternoon amid potential offshore selling Markets cautious ahead of SARB MPC meeting Oil steadied after a four-day gain Asian markets are mixed after the late sell off in the US showed investors caution in the hopes [...]