WATCH: Will the restaurant industry survive post-Covid-19?

By | 2020-08-03T12:06:38+02:00 July 30th, 2020|Watch This|

The restaurant industry continues to fight for survival under level 3 lockdown restrictions with players in the sector taking to the streets to protest the alcohol ban and curfew. Business Day TV discussed some of the challenges with Nedbank CIB's Munira Kharva. Watch now for more expertise and insights, and let us know what you [...]

Daily Market Commentary Flash Note – 13 July 2020

By | 2020-07-14T10:25:50+02:00 July 13th, 2020|Markets and Research|

Currencies The rand holds steady, for now. Commodities Oil dropped ahead of an OPEC+ meeting this week. Equities Asia Pacific is taking its lead from the US, with all markets across the region trading higher.   Date Region Event Actual/Expected/Prior Implications 14/07 EZ Industrial Production --/-19.5%/-28.0% Set to rebound in May at the back of [...]

Daily Market Commentary Flash Note – 8 July 2020

By | 2020-07-08T10:13:14+02:00 July 8th, 2020|Markets and Research|

Currencies Global uncertainty sees emerging markets on the back foot. Commodities Oil fell for a third day with rising virus infections in the US. Equities A nervous tone returns to global markets as the Eurozone warns of a deeper recession; The US addresses the HKD/USD peg and US stocks sell off on increased COVID-19 concerns. [...]

Daily Market Commentary Flash Note – 7 July 2020

By | 2020-07-07T09:54:50+02:00 July 7th, 2020|Markets and Research|

Currencies The rand remains cautious; holds around the 17.00 pivot. Commodities Oil held below $41 amid rising coronavirus infections Equities An upbeat report from China lifted global markets.    Date Region Event Actual/Expected/Prior Implications 07/07 SA Consumer Confidence --/-12/-9 Consumer confidence expected to drop even further to -12, reflecting the effects of the covid-19 pandemic. [...]

WATCH: CPI falls to lowest level in nearly 15-years

By | 2020-06-25T09:49:08+02:00 June 25th, 2020|Watch This|

South Africa's inflation rate fell to 3% in April from 4.1% in March. This is the lowest reading in almost 15 years as the country went into its most severe period of lockdown when only essential goods and services were available. Business Day TV discussed the print in detail with Walter de Wet from Nedbank [...]

Daily Market Commentary Flash Note 23 June 2020

By | 2020-06-23T10:20:15+02:00 June 23rd, 2020|Markets and Research|

Currencies Rand holds steady. Commodities Oil edged lower; Gold little unchanged. Equities The Nasdaq closed at record highs, inspiring Asian markets this morning.   Date Region Event Actual/Expected/Prior Implications 23/06 SA Unemployment --/29.7%/29.1% Unemployment rate expected to have increased to 29.7%. 23/06 EZ Manufacturing PMI --/44.8/39.4 Readings expected to pick up following easing of containment [...]