FOMC

Daily Market Commentary Flash Note – 30 July 2020

By | 2020-07-30T08:57:13+02:00 July 30th, 2020|Markets and Research|

Currencies Rand loses ground as Fed warns of challenges. Commodities Oil held gains in Asia following the biggest drop in stockpiles this year. Equities Corporate earnings, company news and the FOMC shifted focus away from COVID-19 and geopolitical tensions.   Date Region Event Actual/Expected/Prior Implications 29/07 SA CPI 2.2%/2.2%/2.1% Consumer inflation rose at the back [...]

Daily Market Commentary Flash Note – 29 July 2020

By | 2020-07-29T09:43:03+02:00 July 29th, 2020|Markets and Research|

Currencies USD stumbles as all focus on FOMC meeting. Commodities Oil held a loss to trade near $41 a barrel. Equities Global markets are mixed as investors await earnings from some of the world’s biggest companies as well as any new developments from the FOMC meeting in the US.   Date Region Event Actual/Expected/Prior Implications [...]

Daily Market Commentary: 29 April 2020

By | 2020-06-10T11:36:55+02:00 April 29th, 2020|Markets and Research|

Today we are taking a look at: Focus today on the FOMC decision Oil climbed after losing more than a quarter of its value over the past two days Alphabet’s numbers after the US close are leading a rebound in Nasdaq/US futures; a reminder that Japan is closed for a holiday If you are [...]

Daily Market Commentary: 12 December 2019

By | 2020-06-10T14:22:38+02:00 December 12th, 2019|Markets and Research|

Today we are taking a look at: The Fed gives risk a bid with USD weakness in particular and ZAR strengthens, SAGBs open a touch stronger and drag yields down to greenshoe levels Focus to be on UK elections Oil prices edged higher with the market mood switching to relief as OPEC forecast a supply [...]

Daily Market Commentary: 11 December 2019

By | 2020-06-10T14:22:45+02:00 December 11th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields higher as a result of concerns over growth, lack of liquidity and uncertainty over SOEs Market focus on the FOMC Oil prices fell on Wednesday after industry data showed an unexpected build in crude inventory in the United States SA manufacturing output begins Q4 on a [...]

Daily Market Commentary: 20 November 2019

By | 2020-06-22T10:09:23+02:00 November 20th, 2019|Markets and Research|

Today we are taking a look at: Risk appetite improves, providing a bull flattener in the SAGB curve Global focus today on the FOMC minutes release Oil held losses near a two-week low on signs of swelling American crude inventories US Senate passes bill aimed at supporting Hong Kong protests If you are looking [...]