European 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 – 11 September 2020

By | 2020-09-11T09:30:53+02:00 September 11th, 2020|Markets and Research|

Currencies The rand again relinquishes its early gains. Commodities Oil headed for its first back-to-back weekly losses since April. Equities ECB leaves rates unchanged, adding no further stimulus, weighing on European markets, while tech stocks drag the US markets lower.   Date Region Event Actual/Expected/Prior Implications 11/09 UK GDP --/6.7%/8.7% The reopening of the hospitality [...]

Daily Market Commentary Flash Note – 28 August 2020

By | 2020-08-28T09:40:53+02:00 August 28th, 2020|Markets and Research|

Currencies Rand recovers some losses after a tumultuous session. Commodities Gold headed for a third weekly drop; Oil edged lower after Hurricane Laura swept through Louisiana and Texas. Equities European markets end the session lower, while the US Federal Reserve’s new inflation stance boosts the Dow and S&P 500.   Date Region Event Actual/Expected/Prior Implications [...]

Daily Market Commentary: 31 May 2019

By | 2020-06-22T10:51:20+02:00 May 31st, 2019|Markets and Research|

Today we are taking a look at: SAGB yields marginally higher, curve maintains steepening bias The rand firmly on the back foot again WTI Oil dropped to around $56 a barrel after Trump said the U.S. would impose tariffs on all Mexican goods, opening up a new front in the trade war and further damping [...]

Daily Market Commentary: 15 May 2019

By | 2020-06-22T10:55:03+02:00 May 15th, 2019|Markets and Research|

Today we are taking a look at: Major indicators are largely stable in the overnight session so SAGBs open up unchanged after bull steepening yesterday Indications that the SA cabinet may be reduced Oil fell as an industry report signalling a jump in U.S. stockpiles eased immediate concerns over a supply crunch, while a drone [...]