Global equity markets

Daily Market Commentary Flash Note – 10 September 2020

By | 2020-09-10T09:06:19+02:00 September 10th, 2020|Markets and Research|

Currencies The rand stages a modest recovery. Commodities Oil resumed declines after a sharp rebound in the previous session. Equities Global markets are muted after the tech bounce-back following the three-day rout as all focus shifts to the ECB today and US CPI tomorrow.   Date Region Event Actual/Expected/Prior Implications 10/09 EZ ECB Main Refinancing [...]

Daily Market Commentary Flash Note – 8 September 2020

By | 2020-09-08T08:58:37+02:00 September 8th, 2020|Markets and Research|

Currencies USD trades marginally firmer. Commodities Oil extended its retreat below $40 a barrel; Gold prices eased as the dollar strengthened. Equities Global equity markets rise on vaccine hopes.   Date Region Event Actual/Expected/Prior Implications 08/09 SA GDP --/-47.2%/-2% The economy is expected to contract by -47% due to the lockdown restrictions imposed. 10/09 EZ [...]

Daily Market Commentary Flash Note – 1 September 2020

By | 2020-09-01T09:51:34+02:00 September 1st, 2020|Markets and Research|

Currencies Rand endures a tough session. Commodities Oil prices rose in early trade on Tuesday, reversing overnight losses. Equities Global equity markets closed firmly in the red.   Date Region Event Actual/Expected/Prior Implications 31/08 SA Trade Balance 37.4b/12.5b/45.7b Trade surplus narrowed as easing of coronavirus restrictions resulted in increased imports. 01/09 EZ CPI --/0.2%/0.4% Lower [...]

Daily Market Commentary Flash Note – 25 August 2020

By | 2020-08-25T10:25:24+02:00 August 25th, 2020|Markets and Research|

Currencies Rand posts gains sub-17.0000 in quiet markets. Equities Global equity markets rise on COVID-19-related optimism   Date Region Event Actual/Expected/Prior Implications 26/08 SA CPI YoY -/ 2,95% / 2,20% CPI expected to rise on the back of increased economic activity as a result of lock down restrictions easing. 26/08 US Durable Goods Orders -/ [...]

Daily Market Commentary Flash Note – 18 August 2020

By | 2020-08-18T10:16:37+02:00 August 18th, 2020|Markets and Research|

Currencies Rand loses ground as risk retreats. Commodities Oil edged lower; Gold prices edge up on the back of a weaker dollar. Equities Global equity markets rise on China’s stimulus.   Date Region Event Actual/Expected/Prior Implications 19/08 UK CPI ---/0.6%/0.6% Likely to remain steady. 19/08 EZ CPI --/0.4%/0.3% Higher inflation at the back of increased [...]

Daily Market Commentary Flash Note – 11 August 2020

By | 2020-08-11T09:38:58+02:00 August 11th, 2020|Markets and Research|

Currencies The rand recovers from its worst levels. Commodities Oil pushed higher; Gold fell for a third straight day as the dollar firmed. Equities SA markets look to play catch-up as global equity markets rally.   Date Region Event Actual/Expected/Prior Implications 12/08 UK GDP --/-20.7%/-2.2% Economy expected to have contracted by 20.7% in Q2 due [...]