Our views

The Macro Chart Book : August 2019

2019-08-28 | by Krishna Sathee, Ruen Naidu, Hope Sono, Janine Pein

Technical factors have driven US treasuries lower, while lower South African inflation and a peak in the total risk premium signals potential bond market gains for South African investors. On the credit side, Eskom remains a worry.

Equity Quarterly - Q2 2019

2019-07-17 | by Junaid Bray

The Macro Chart Book : July 2019

2019-07-08 | by Krishna Sathee, Ruen Naidu, Hope Sono, Janine Pein

The strategy of buying financial assets that will offer a sure loss if held to maturity, originally initiated by actions of central banks, is now a prevalent market phenomenon.

The Macro Chart Book : May 2019

2019-05-31 | by Krishna Sathee, Ruen Naidu, Hope Sono, Janine Pein

US/China trade war continues to have an impact on bond yields, while Chinese authorities are under pressure to maintain the currency to protect the local economy and avoid a global shock. Core inflation has declined significantly and on the credit side issuance has fallen in May.