Markets and Research

Daily Market Commentary Flash Note 19 June 2020

By | 2020-06-22T11:39:02+02:00 June 19th, 2020|Markets and Research|

Currencies The rand succumbs to both local and global factors. Commodities Oil was poised to resume a run of weekly gains on signs consumption is picking up. Equities Global markets trade slightly better ahead of the quadruple witching in the US market; roughly USD55-60bn is expected to be rebalanced. Date Region Event Actual/Expected/Prior Implications 18/06 [...]

Daily Market Commentary Flash Note 18 June 2020

By | 2020-06-22T09:47:00+02:00 June 18th, 2020|Markets and Research|

Currencies The Rand continues to hold steady. Commodities Oil dropped for a second day; Gold steady. Equities Equity markets were buoyed by US retail sales data overnight that shifted focus away from second-wave COVID-19 infections.   Date Region Event Actual/Expected/Prior Implications 17/06 EZ CPI 0.1%/0.1%/0.3% CPI fell to 0.1% from 0.3% previously on an annual [...]

Daily Market Commentary Flash Note 17 June 2020

By | 2020-06-22T10:01:42+02:00 June 17th, 2020|Markets and Research|

Currencies Rand falters as second wave of coronavirus strikes. Commodities Oil snapped a two-day gain; Gold steady. Equities Global Investors are struggling to focus their attention on any single major theme being a 2nd wave of shutdowns, massive amounts of stimulus, zero visibility of earnings or renewed geopolitical tension with US/India and China.   Date [...]

Navigating through Covid-19

By | 2020-06-22T10:35:14+02:00 June 15th, 2020|Markets and Research, Sustainable Business|

Economists, strategists and scenario planners have been working tirelessly in recent months to keep abreast of the developing situation as the Covid-19 pandemic, and the measures undertaken by governments to stem the spread of infection, take their toll on global markets. In our recent Nedbank Private Equity Webinar, Nedbank Group Chief Economist, Nicky Weimar, and [...]

Daily Market Commentary Flash Note 15 June 2020

By | 2020-06-22T10:01:03+02:00 June 15th, 2020|Markets and Research|

Currencies Rand holds steady. Commodities Oil kept falling after its first weekly drop since late April; Gold steady. Equities Fears of a second wave of COVID-19 infections are outweighing better economic data out of China.   Date Region Event Actual/Expected/Prior Implications 12/06 EZ Industrial production -28.0%/-28.8%/-13.5% Sharp drop to -28%, due to strict lockdown measures [...]

Daily Market Commentary Flash Note 12 June 2020

By | 2020-06-22T10:01:48+02:00 June 12th, 2020|Markets and Research|

Currencies USDZAR loses ground. Commodities Oil is heading for the first weekly loss since late April; Gold headed for the first weekly gain. Equities Markets address the disconnect between asset prices and real economies as the economic damage of the pandemic and fears of a second wave see US markets tumble. Economics Manufacturing production contracted [...]