US markets

Daily Market Commentary Flash Note – 29 June 2020

By | 2020-06-29T10:33:36+02:00 June 29th, 2020|Markets and Research|

Currencies Rand holds steady as local infection rates increase. Commodities Oil kept falling after just its second weekly drop since April. Equities NPN reports; US markets closed on Friday with jobs numbers due Thursday.   Date Region Event Actual/Expected/Prior Implications 30/06 SA GDP --/-0.8%/-0.5% Expected to contract by 4% on a quarterly basis driven by [...]

Daily Market Commentary Flash Note 12 June 2020

By | 2020-06-22T10:01:48+02:00 June 12th, 2020|Markets and Research|

Currencies USDZAR loses ground. Commodities Oil is heading for the first weekly loss since late April; Gold headed for the first weekly gain. Equities Markets address the disconnect between asset prices and real economies as the economic damage of the pandemic and fears of a second wave see US markets tumble. Economics Manufacturing production contracted [...]

Daily Market Commentary: 25 May 2020

By | 2020-06-10T11:32:59+02:00 May 25th, 2020|Markets and Research|

Today we are taking a look at: US and London markets closed today Oil edged lower at the back of tensions between US and China; Gold declined As we move to Level 3 of the lockdown, we expect some relief across our retailers and financials If you are looking for more relevant market commentary, [...]

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 [...]

Daily Market Commentary: 4 October 2019

By | 2020-06-22T10:34:02+02:00 October 4th, 2019|Markets and Research|

Today we are taking a look at: SAGB yields decline marginally, following the stronger ZAR Market focus on the US data today Oil headed for its biggest weekly decline since the middle of July as a streak of disappointing economic data from the U.S. and elsewhere added to fears a global recession is coming The [...]

Daily Market Commentary – 7 June

By | 2020-06-22T10:50:45+02:00 June 7th, 2019|Markets and Research|

Today we're looking at: SAGB yields trade within tight ranges as the curve maintains the steepening bias USDZAR breaches above 15.0000 Oil extended its recovery from a five-month low as reports that Washington may engage more with its trade foes eased fears of slumping crude demand The JSE and Europe continue higher, but off the [...]