market insights

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 – 13 August 2020

By | 2020-08-13T08:50:38+02:00 August 13th, 2020|Markets and Research|

Currencies Local FX markets hold steady. Commodities Gold prices higher; Oil held gains. Equities Equity markets edged higher as investors digested company earnings and economic data.   Date Region Event Actual/Expected/Prior Implications 12/08 UK GDP -20.4%/-20.7%/-2.2% GDP contracted 20.4% in Q2. 12/08 EZ Industrial Production 9.1%/10.0%/12.3% Output increased by 9.1%. 12/08 US CPI 1.0%/0.7%/0.6% Due [...]

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 [...]

Daily Market Commentary Flash Note – 7 August 2020

By | 2020-08-07T08:24:55+02:00 August 7th, 2020|Markets and Research|

Currencies Trump’s comments elevate market caution. Commodities Oil in New York is poised for the biggest weekly gain since early July. Equities Asian tech names are dragging markets lower on the back of President Trump’s ban of TikTok and WeChat in the US; expect risk-off sentiment amid rising geopolitical tensions.   Date Region Event Actual/Expected/Prior [...]

Daily Market Commentary Flash Note – 4 August 2020

By | 2020-08-04T09:53:45+02:00 August 4th, 2020|Markets and Research|

Currencies Emerging markets retreat across the board. Commodities Oil declined after the biggest gain in two weeks. Equities Positive momentum persists in global equity markets.   Date Region Event Actual/Expected/Prior Implications 04/08 EZ PPI --/-3.8%/-5.0% June PPI expected to rise 0.6% on a monthly basis. 05/08 EZ Retail Sales --/0.2%/-5.1% Expected to increase 0.2% on [...]