SAGBs

Daily Market Commentary Flash Note 3 June 2020

By | 2020-06-22T10:03:51+02:00 June 3rd, 2020|Markets and Research|

Fixed Income A global risk rally supports ZAR and SAGBs, R186 the outperformer, yields lower across the curve, but curve begins to steepen Currencies The rand posts gains towards the 17.0000 level Commodities Oil rose to a near three-month high; Gold prices dipped Equities Keep an eye on PRX, which missed accelerated inclusion in the [...]

Daily Market Commentary: 14 April 2020

By | 2020-06-10T11:44:39+02:00 April 14th, 2020|Markets and Research|

Today we are taking a look at: SAGB yields continue to take its cue from global developments, with yields sharply lower before the long weekend, as EM FX  and risk traded better, markets await press briefing from finance minister The rand holds steady around the 18.0000 level Oil futures rose after easing on Monday; Gold [...]

Daily Market Commentary: 8 April 2020

By | 2020-06-10T11:44:52+02:00 April 8th, 2020|Markets and Research|

Today we are taking a look at: SAGBs continue to rally as markets assess slower infection rates favourably, risk and ZAR trades better The rand posts gains again Oil rose after a two-day drop; Precious and base metals edged higher Volumes ticked higher in our market, and it was good to see some crosses going [...]

Daily Market Commentary: 7 April 2020

By | 2020-06-10T11:44:59+02:00 April 7th, 2020|Markets and Research|

Today we are taking a look at: Equities and ZAR hold onto recent gains, SAGBs open up stronger this morning suggesting auction likely to be well-supported The rand stages a significant recovery Oil rebounded; Gold prices eased from a four-week high Global equity markets rally as the COVID-19 infection rate flattens If you are [...]

Daily Market Commentary: 6 April 2020

By | 2020-06-10T11:45:05+02:00 April 6th, 2020|Markets and Research|

Today we are taking a look at: SAGBs open weaker in line with ZAR and EM FX, after Fitch downgrades SA's credit rating on Friday Rand breaches 19.0000 as fitch pulls the trigger Oil gave up some of last week’s rally; Gold declined as concerns eased over a supply squeeze, We will take our lead [...]

Daily Market Commentary: 25 March 2020

By | 2020-06-10T11:49:31+02:00 March 25th, 2020|Markets and Research|

Today we are taking a look at: SAGBs saw a big turnaround yesterday, rallying after a successful auction with a big gap lower led by the back 4 bonds. Markets await details on US stimulus package Oil prices extended gains for a third session; Gold retreated US equities rallied the most since 1933 on a [...]