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Daily Market Commentary: 6 April 2017

By | 2020-03-17T09:53:54+02:00 April 6th, 2017|Investment Banking, Markets and Research, Uncategorized|

Today we are taking a look at: US labour market data upbeat, FOMC minutes marginally dovish despite rate hike that materialised, focus now turned to core CPI USDZAR weakness resumes on the back of political risks; Dollar softer, supports global majors overnight Top 40 up 0.88%, led by resources; US equities downbeat after FOMC, Asian [...]

Daily Market Commentary: 5 April 2017

By | 2020-03-17T09:53:56+02:00 April 5th, 2017|Investment Banking, Markets and Research, Uncategorized|

Today we are taking a look at: Downgrade risks by Fitch and Moody’s surfaces, political risk likely to remain at a premium this week Softer dollar supports global majors overnight; USDZAR surprisingly stronger after sub-investment grade downgrade Top 40 rise 0.41%, led by resources; US equities rebound, albeit marginally; Asian markets mostly positive this morning [...]

Monthly Insights: 3 April 2017

By | 2020-03-17T09:53:59+02:00 April 3rd, 2017|Investment Banking, Markets and Research, Uncategorized|

Good day Herewith the latest edition of the Monthly Insights. We trust that this will contribute to a broad overview of the interest rate, currency and financial markets. Please feel free to address any questions or comment on the contents to the undersigned. Executive Summary With all the political uncertainty locally, we have provisionally adjusted [...]

Daily Market Commentary: 3 April 2017

By | 2020-03-17T09:54:01+02:00 April 3rd, 2017|Investment Banking, Markets and Research, Uncategorized|

Today we are taking a look at: SA trade balance posts a surplus in February, supported by exports to America and Europe USDZAR maintain weak range, at R13.41/$ this morning; Dollar range-bound, euro weaken, sterling and yen resilient Top 40 declines 0.12%, led by financials; US equities end negative; Asian markets mostly upbeat this morning [...]

Daily Market Commentary: 31 March 2017

By | 2020-03-17T09:54:02+02:00 March 31st, 2017|Investment Banking, Markets and Research, Uncategorized|

Today we are taking a look at: SARB leaves interest rate unchanged but sounds mildly hawkish, CPI forecasts downwardly revised while the growth forecast was upwardly revised USDZAR weakens substantially overnight as cabinet reshuffle and Gordhan removal materialises; Dollar firmer, global majors on the back foot Top 40 sheds 0.41%, led by health care stocks; [...]