USD

Daily Market Commentary Flash Note – 6 October 2020

By | 2020-10-06T09:02:07+02:00 October 6th, 2020|Markets and Research|

Currencies A softer USD across the markets as risk sentiment boosted on US fiscal hopes. Commodities Oil was steady near $39 a barrel; Spot gold steady. Equities Risk appetite was also boosted as polls showed Joe Biden widening his lead over President Trump, reducing the prospect of a contested election.   Date Region Event Actual/Expected/Prior [...]

Daily Market Commentary Flash Note – 8 September 2020

By | 2020-09-08T08:58:37+02:00 September 8th, 2020|Markets and Research|

Currencies USD trades marginally firmer. Commodities Oil extended its retreat below $40 a barrel; Gold prices eased as the dollar strengthened. Equities Global equity markets rise on vaccine hopes.   Date Region Event Actual/Expected/Prior Implications 08/09 SA GDP --/-47.2%/-2% The economy is expected to contract by -47% due to the lockdown restrictions imposed. 10/09 EZ [...]

Daily Market Commentary Flash Note – 20 August 2020

By | 2020-08-21T09:24:15+02:00 August 20th, 2020|Markets and Research|

Currencies USD recovers lost ground after FOMC. Commodities Oil declined from a five-month high. Equities Investors focused on European markets picking up risk assets that have lagged the market recovery.   Date Region Event Actual/Expected/Prior Implications 19/08 EZ CPI --/0.4%/0.3% Higher inflation at the back of increased prices due to the delay in sales season. [...]

Daily Market Commentary Flash Note – 8 July 2020

By | 2020-07-08T10:13:14+02:00 July 8th, 2020|Markets and Research|

Currencies Global uncertainty sees emerging markets on the back foot. Commodities Oil fell for a third day with rising virus infections in the US. Equities A nervous tone returns to global markets as the Eurozone warns of a deeper recession; The US addresses the HKD/USD peg and US stocks sell off on increased COVID-19 concerns. [...]