Eskom

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 [...]

Daily Market Commentary: 10 December 2019

By | 2020-06-10T14:22:52+02:00 December 10th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally lower in thin liquidity Eskom weighs on the rand again Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month Equity markets slide on uncertainty about the trade deal If you are looking for more relevant market commentary, [...]