Eskom

CIB Fireside Chat Episode Three: The Credit Outlook For The Sovereign, State-Owned Companies and Credit Trends

By | 2020-09-27T20:53:28+02:00 September 27th, 2020|Markets and Research|

Our third Fireside Chat took place between with Nthulleng Mphahlele, Research Analyst, and Jones Gondo, Senior Research Analyst discuss the credit outlook for the sovereign, state-owned companies and credit trends. Jones is one of the powerhouse analysts behind the credit research that is published by CIB. He is a Senior Credit Research Analyst within the [...]

Daily Market Commentary: 11 March 2020

By | 2020-06-10T11:50:43+02:00 March 11th, 2020|Markets and Research|

Today we are taking a look at: SAGBs recover in line with the USDZAR, with yields marginally lower across the curve, auction clears strongly but market focus remains on the macro outlook and central bank responses Local markets remain vulnerable as Eskom falters Oil prices climbed for a second day lifted by hopes that U.S. [...]

Daily Market Commentary: 20 February 2020

By | 2020-06-10T14:07:20+02:00 February 20th, 2020|Markets and Research|

Today we are taking a look at: SAGBs remain resilient despite the sell-off in the ZAR, below-consensus CPI print supports yields across the curve Eskom headlines weigh on the rand Oil extended gains to an eighth day, Precious metals edged lower except for palladium Equity markets initially reacted to the death toll from the coronavirus [...]

Daily Market Commentary: 5 February 2020

By | 2020-06-10T14:09:41+02:00 February 5th, 2020|Markets and Research|

Today we are taking a look at: Risk-on rally spurred by Chinese stimulus causes SAGBs to rally marginally, and sharp ZAR strength USDZAR holds steady despite Eskom Oil recovered from a one-year low to trade above $50 a barrel; gold and silver were steady Global markets are shaking off their coronavirus fears despite the number [...]

Daily Market Commentary: 31 January 2020

By | 2020-06-10T14:14:09+02:00 January 31st, 2020|Markets and Research|

Today we are taking a look at: Risk trading better after WHO calms the nerves on Coronavirus. ZAR recovers from a R14.85/$ high, with SAGBs opening unchanged after a choppy trading day yesterday Eskom falters again Oil jumped after the World Health Organization said there’s no need for travel and trade bans Gold and platinum [...]

Daily Market Commentary: 14 January 2020

By | 2020-06-10T14:18:12+02:00 January 14th, 2020|Markets and Research|

Today we are taking a look at: A poor day for the ZAR which underperforms all session and SAGBs bear steepen in sympathy Eskom power crisis continues to weigh on rand Oil traded near a six-week low on easing tensions in the Middle East, although improving U.S.-China trade relations offered some support Equity markets trade [...]