Global Markets

Daily Market Commentary Flash Note – 27 October 2020

By | 2020-10-28T13:41:50+02:00 October 27th, 2020|Markets and Research, Uncategorized|

Currencies Rand posts small gains overnight. Commodities Oil was steady near a three-week low; Gold gained in early Asia trade Equities Global markets trade cautiously ahead of US elections; expect volatility to pick up over the next few days as liquidity dries up.    Date Region Event Actual/Expected/Prior Implications 28/10 SA CPI --/3%/3.1% Headline inflation [...]

Daily Market Commentary Flash Note – 21 October 2020

By | 2020-10-21T08:46:11+02:00 October 21st, 2020|Markets and Research|

Currencies Market eyes on a possible stimulus package in the US. Commodities Oil prices fell after a surprise climb in U.S. crude stockpiles. Equities A pre-election stimulus deal inches closer, which provides support across global markets, despite the pick-up in COVID-19 related lockdowns.   Date Region Event Actual/Expected/Prior Implications 21/10 UK CPI --/0.6%/0.2% CPI to [...]

Daily Market Commentary Flash Note – 5 October 2020

By | 2020-10-05T09:01:36+02:00 October 5th, 2020|Markets and Research|

Currencies Currency markets remain vulnerable as US President tests positive for covid-19.  Commodities Oil advanced from a three-week low; Gold steady.  Equities Global markets look to recover after headlines that President Trump should be discharged from hospital today; Asian markets are higher, but we still have a number of markets shut for holidays in the [...]

Daily Market Commentary Flash Note – 4 September 2020

By | 2020-09-04T09:06:40+02:00 September 4th, 2020|Markets and Research|

Currencies Market focus today on US data. Commodities Oil is poised for the biggest weekly decline since early June. Equities US tech sends shivers down global market spines as lofty valuations are questioned.   Date Region Event Actual/Expected/Prior Implications 03/09 EZ Retail Sales 0.4%/1.9%/1.3% July sales down 1.3% on a monthly basis.  Nedbank CIB Market [...]

Daily Market Commentary Flash Note – 31 August 2020

By | 2020-08-31T08:52:52+02:00 August 31st, 2020|Markets and Research|

Currencies USDZAR stages significant recovery. Commodities Oil traded near $43 a barrel; Gold climbed for a second day. Equities Global markets trade higher as risk-on sentiment improves with economies around the globe bouncing back from their lockdowns.   Date Region Event Actual/Expected/Prior Implications 31/08 SA Trade Balance --/12.5b/46.6b Another surplus expected at the back of [...]

Daily Market Commentary Flash Note – 24 August 2020

By | 2020-08-24T12:02:43+02:00 August 24th, 2020|Markets and Research|

Currencies The rand holds ground sub-17.2000. Commodities Oil was steady after a third straight weekly gain, Palladium and platinum declined. Equities Asian stocks lead global markets higher as President Trump eases the rhetoric around US companies dealing with Tencent’s WeChat; stock is +4%.   Date Region Event Actual/Expected/Prior Implications 25/08 GE GDP SA QOQ -/ [...]