market insights

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 [...]

Daily Market Commentary Flash Note – 3 August 2020

By | 2020-08-03T09:08:51+02:00 August 3rd, 2020|Markets and Research|

Currencies Demand for dollars drives the rand above 17.0000. Commodities Oil edged lower near $40 a barrel. Equities Expect to see some local bottom fishing in the Banks which ended the day -4%.   Date Region Event Actual/Expected/Prior Implications 03/08 Global Manufacturing PMI -- Data to reveal whether the rebound in business activity has been [...]

Daily Market Commentary Flash Note – 31 July 2020

By | 2020-07-31T09:04:54+02:00 July 31st, 2020|Markets and Research|

Currencies Rand loses ground as the economy falters. Commodities Gold is set for the biggest monthly gain in more than four years. Equities Disappointing earnings reports, poor economic data and a potential delay in the US presidential elections drag markets lower.    Date Region Event Actual/Expected/Prior Implications 31/07 EZ GDP --/-12.1%/-3.6% Expected that the economy [...]