Asian Markets

Daily Market Commentary Flash Note – 23 October 2020

By | 2020-10-23T08:39:35+02:00 October 23rd, 2020|Markets and Research|

Currencies Rand remains resilient. Commodities Oil headed for a slight weekly; Gold prices dipped. Equities The JSE and European markets end lower, while the US and Asian markets trade firmer on the prospect of more fiscal stimulus.   Date Region Event Actual/Expected/Prior Implications 23/10 UK Retail Sales --/3.7%/2.8% Consumers remain cautious at the back of [...]

Daily Market Commentary Flash Note – 5 October 2020

By | 2020-10-05T09:01:36+02:00 October 5th, 2020|Markets and Research|

Currencies Currency markets remain vulnerable as US President tests positive for covid-19.  Commodities Oil advanced from a three-week low; Gold steady.  Equities Global markets look to recover after headlines that President Trump should be discharged from hospital today; Asian markets are higher, but we still have a number of markets shut for holidays in the [...]

Daily Market Commentary Flash Note – 1 October 2020

By | 2020-10-01T09:08:13+02:00 October 1st, 2020|Markets and Research|

Currencies The rand ends the quarter on the front foot. Commodities Oil prices were little changed; Gold steady. Equities US markets returned +8.5% for the quarter as the much-awaited next stimulus package gained some traction in Congress; no read-through from Asian markets, as most are off for holidays.   Date Region Event Actual/Expected/Prior Implications 30/09 [...]

Daily Market Commentary Flash Note – 18 September 2020

By | 2020-09-18T09:09:32+02:00 September 18th, 2020|Markets and Research|

Currencies The rand reaches the 16.2000 technical objective. Commodities Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members. Equities Asian markets are mixed after a modest improvement in US jobless claims continued to see rotation out of global tech into value.   Nedbank [...]

Daily Market Commentary Flash Note – 26 August 2020

By | 2020-08-26T09:33:38+02:00 August 26th, 2020|Markets and Research|

Currencies A resilient rand holds steady. Commodities Oil held at a five-month high as Hurricane Laura bore down on key refining facilities on the US. Equities US markets make new highs again; Asia less impressed today, trading mostly lower; all eyes on Jackson Hole tomorrow!   Date Region Event Actual/Expected/Prior Implications 25/08 US New Home [...]

Daily Market Commentary Flash Note – 17 August 2020

By | 2020-08-17T10:09:19+02:00 August 17th, 2020|Markets and Research|

Currencies Local lockdown measures eased. Commodities Oil edged higher above $42 a barrel; Gold dropped for a second day as investors weighed the uptick in real yields. Equities Asian markets start the week mixed as the PBoC’s injection of USD100bn of liquidity into the Chinese financial system balanced investor concern of increased tensions with the [...]