SA CPI

Daily Market Commentary Flash Note – 19 October 2020

By | 2020-10-29T09:18:29+02:00 October 29th, 2020|Markets and Research|

Currencies Rand loses ground as the MTBPS disappoints. Commodities Oil held near a four-week low; Gold little changed. Equities US equity futures slide as concerns about rising coronavirus cases put a dampener on growth as vaccine trials stall.    Date Region Event Actual/Expected/Prior Implications 28/10 SA CPI 3.0%/3.0%/3.1% Headline inflation slowed to 3% in line [...]

Daily Market Commentary Flash Note – 28 October 2020

By | 2020-10-28T08:52:19+02:00 October 28th, 2020|Markets and Research|

Currencies All eyes on the finance minister today. Commodities Oil prices slid in Asia trade; Gold prices were subdued. Equities US equity futures slide as concerns about rising coronavirus cases put a dampener on growth as vaccine trials stall.    Date Region Event Actual/Expected/Prior Implications 28/10 SA CPI --/3%/3.1% Headline inflation is expected to slow [...]

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 – 26 October 2020

By | 2020-10-26T09:07:03+02:00 October 26th, 2020|Markets and Research|

Currencies Rand posts steady gains over the last week. Commodities Oil extended its slide to a second day; Gold eased to an over one-week low. Equities Busy week for global earnings… Facebook, Apple, BP, GE, Caterpillar; locally: FBR, ANH, AFT, SSW, IAP, GLN, IMP, MTN and MNK…miners’ quarterly sales updates.   Date Region Event Actual/Expected/Prior [...]

Daily Market Commentary Flash Note – 25 June 2020

By | 2020-06-25T10:31:27+02:00 June 25th, 2020|Markets and Research|

Currencies Rand falters after budget adjustment speech. Commodities Oil prices inched up in early trading. Equities Global trade concerns and new COVID-19 cases weighed on investor sentiment. Date Region Event Actual/Expected/Prior Implications 24/06 SA CPI 3.0%/3.0%/4.1% Rate dropped to 3.0% in April from 4.1% in March. 25/06 SA PPI --/1.9%/3.3% Expected to drop to 1.9%. [...]

Daily Market Commentary Flash Note 24 June 2020

By | 2020-06-24T09:51:42+02:00 June 24th, 2020|Markets and Research|

Currencies All eyes on the adjustment budget. Commodities Oil edged lower; Gold futures climbed for a fourth session Equities Global markets trade mostly higher, with improving economic data boosting sentiment.   Date Region Event Actual/Expected/Prior Implications 23/06 SA Unemployment 30.1%/29.7%/29.1% Unemployment rate increased to 30.1%. 23/06 EZ Manufacturing PMI 46.9/45.0/39.4 PMI readings picked up to [...]