CPI

Daily Market Commentary Flash Note – 30 September 2020

By | 2020-09-30T09:09:58+02:00 September 30th, 2020|Markets and Research|

Currencies The rand closes sub-17.0000. Commodities Oil extended its decline below $40 a barrel. Equities S&P futures slide from earlier highs after betting odds for Democrat Joe Biden to win the US election rise following the first debate.   Date Region Event Actual/Expected/Prior Implications 29/09 SA Unemployment 23.3%/34.9%/30.1% Q2 unemployment rate fell to 23.3%. 30/09 [...]

Daily Market Commentary Flash Note – 29 September 2020

By | 2020-09-29T09:06:29+02:00 September 29th, 2020|Markets and Research|

Currencies The rand holds steady overnight. Commodities Oil edged lower toward $40 a barrel; Gold held an advance. Equities Top 40 kicking the week off on the front foot with a 2.08% gain.   Date Region Event Actual/Expected/Prior Implications 29/09 SA Unemployment --/34.8%/30.1% Increase in unemployment rate to 34.8% expected in Q2. 30/09 SA CPI [...]

Daily Market Commentary Flash Note – 31 August 2020

By | 2020-08-31T08:52:52+02:00 August 31st, 2020|Markets and Research|

Currencies USDZAR stages significant recovery. Commodities Oil traded near $43 a barrel; Gold climbed for a second day. Equities Global markets trade higher as risk-on sentiment improves with economies around the globe bouncing back from their lockdowns.   Date Region Event Actual/Expected/Prior Implications 31/08 SA Trade Balance --/12.5b/46.6b Another surplus expected at the back of [...]

Daily Market Commentary Flash Note – 27 August 2020

By | 2020-08-28T09:15:12+02:00 August 27th, 2020|Markets and Research|

Currencies Rand loses ground. Commodities Gold dropped ahead of the Federal Reserve’s annual Jackson Hole symposium, Nickel hit its highest since November. Equities Equity markets traded higher as trade talks between the US and China progressed.   Date Region Event Actual/Expected/Prior Implications 26/08 SA CPI YoY 3,2%/ 3%/ 2,2% CPI came in higher than expected [...]

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 [...]