Market Commentary: July 2020

Market Commentary: July 2020   Global Market Themes: Data points to continued recovery in China, it leads Emerging Markets higher. Resurgence of US-China tensions: Embassies close, Hong Kong special trading rights revoked, US considers travel bans and national...

Market Commentary: June 2020

Market Commentary: June 2020   Global Market Themes: The US Fed and other central banks pump liquidity An uneven and unpredictable road to recovery Global bodies predict record contractions in GDP for 2020 Economic indicators show a few encouraging signs Markets swing...

Market Commentary: May 2020

Market Commentary: May 2020  Global Market Themes:United States unemployment soars to record highsUS futures pricing in negative federal funds rate in 2021UK short-term rates go negativeUK faces no-trade dealEurope and Japan stimulus measuresSino-US tensions escalate...

Market Commentary: April 2020

Market Commentary: April 2020 Here are this month’s highlights: April was a month of record lows all-round with the global economy forecasted to see its steepest decline since the Great Depression of the 1930s. The South African Reserve Bank reduced the repo rate by a...

Market Commentary: March 2020

Market Commentary: March 2020 Here are this month’s highlights: The world economy continues to feel the impact of the COVID-19 outbreak and subsequent spread. The South African Reserve Bank cut its repo rate by 100 basis points. Inflation-linked bonds experienced its...