crude

Daily Market Commentary: 16 April 2019

By | 2020-06-22T10:58:01+02:00 April 16th, 2019|Markets and Research|

Today we are taking a look at: Long end portion of yield curve steepened on the back of stop selling The USDZAR trades back above 14.0000 Oil held losses below $64 a barrel as concerns over rising U.S. crude inventories and slowing growth in the world’s biggest economy kept investors wary US earnings season likely [...]

Daily Market Commentary: 28 March 2019

By | 2020-06-22T11:00:57+02:00 March 28th, 2019|Markets and Research|

Today we are taking a look at: Risk off at the margin yesterday, following ZAR and EM FX, SAGB yields rise consequently All eyes on the outcome of the MPC today Oil fell for a second day after an unexpected jump in U.S. crude stockpiles unnerved a market already anxious about faltering global demand Global [...]

Daily Market Commentary: 26 March 2019

By | 2020-06-22T11:01:10+02:00 March 26th, 2019|Markets and Research|

Today we are taking a look at: Late inflows sees SAGB yields edge lower, last bond auction for the fiscal year takes place today USDZAR shows signs of improvement Oil rebounded along with global markets as pessimism over the global growth outlook eased a little, and rising tension in Venezuela threatened to further curb supplies [...]

Daily Market Commentary: 13 March 2019

By | 2020-06-22T11:03:40+02:00 March 13th, 2019|Markets and Research|

Today we are taking a look at: SAGBs takes the cue from EM FX, open weaker this morning on the back of risk-off Brexit vote rejected, EM and commodity-based currencies weaken overnight Crude rose for a third day after an industry report showed an unexpected drop in U.S. stockpiles. API data show U.S. crude inventories [...]

Daily Market Commentary: 5 February 2019

By | 2020-06-22T11:09:15+02:00 February 5th, 2019|Markets and Research|

Today we are taking a look at: A slow day for SAGBs after gapping early and holding weaker levels for most of the day Various speakers scheduled to address the Mining Indaba Brent crude prices marginally higher, gold tightly range bound, unchanged over the day The Top40 closed in the red, European markets were mixed [...]

Daily Market Commentary: 21 November 2018

By | 2020-06-22T11:18:28+02:00 November 21st, 2018|Markets and Research|

Today we are taking a look at: SAGB yields continue to remain range-bound ahead of SARB MPC, weekly nominal bond auction sees better demand Rand remains range bound, as focus shifts to local data releases and MPC tomorrow Gold and oil price continues to move in opposite directions; Brent weighed by ample global supplies, while [...]