Lockdown

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 – 7 September 2020

By | 2020-09-07T09:45:06+02:00 September 7th, 2020|Markets and Research|

Currencies The rand remains range-bound.  Commodities Oil extended its retreat below $40 a barrel. Equities Expect a fairly quiet session with the US closed for a public holiday.   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 ECB [...]

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 – 26 August 2020

By | 2020-08-26T09:33:38+02:00 August 26th, 2020|Markets and Research|

Currencies A resilient rand holds steady. Commodities Oil held at a five-month high as Hurricane Laura bore down on key refining facilities on the US. Equities US markets make new highs again; Asia less impressed today, trading mostly lower; all eyes on Jackson Hole tomorrow!   Date Region Event Actual/Expected/Prior Implications 25/08 US New Home [...]

Daily Market Commentary Flash Note – 17 August 2020

By | 2020-08-17T10:09:19+02:00 August 17th, 2020|Markets and Research|

Currencies Local lockdown measures eased. Commodities Oil edged higher above $42 a barrel; Gold dropped for a second day as investors weighed the uptick in real yields. Equities Asian markets start the week mixed as the PBoC’s injection of USD100bn of liquidity into the Chinese financial system balanced investor concern of increased tensions with the [...]

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 [...]