Today we are taking a look at: SAGB yield curve continues its steepening bias as SARB expected to cut repo rate this week and long-end yields remain elevated as a result of fiscal woes Focus this week on the MPC Oil rose above $30 a barrel for the first time in two months; Gold rose [...]
Today we are taking a look at: The rand recovers yesterday’s losses Oil is heading for a third weekly gain on signs the market is slowly rebalancing Global markets are mixed as they weigh up bank/energy gains in the US vs a weaker China retail sales print
Today we are taking a look at: Local markets on the back foot Oil was anchored near $25 a barrel Equity markets were under pressure on concerns that opening the global economy prematurely may lead to a second wave of infections, while trade tensions between the US and China were re-ignited
Today we are taking a look at: Rand continues to hold steady Oil retreated from a five-week high; Gold unchanged Risk-off sentiment persists across global markets as fears of a second wave of the outbreak keep investors on the side-lines
Today we are taking a look at: Risk rally short-lived yesterday, causes SAGB yields to rise across the curve, fiscal woes still a material risk that the market is watching closely Pressure on government mounts Oil rebounded in Asian trading, clawing back some of Monday's drop Fears of a second wave of infections send equity [...]
Today we are taking a look at: Risk assets trade better overnight as death rate from the coronavirus eases; despite increased bond supply announcement on Friday, SAGBs maintain rally Terrible US data sees the USD lose ground Oil dropped after posting its first back-to-back weekly gain since February All eyes this week will be on [...]