Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: Today, South Africa takes centre stage with the announcement of the interest rate decision. The expected close call for the MPC to hike has been lifted a little with the downward surprise in the inflation number (4.9% vs 5.1…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: A tranquil day yesterday regarding Rand movement as the Rand stayed within a 10 cent range for most of the day. We have seen the Us dollar come under a little pressure which has helped the Rand and other EM…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: Tariffed or Tarrified is the headlines that we woke up to this morning. Donald Trump waited until after markets closed before announcing tariffs on $ 200 billion worth of goods on Chinese imports. Eyes are on the reaction from China, who…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: It certainly looks that the wind that has been in the Rand sails for the last week has suddenly died down on Friday. Reasons for the Rand retreat on Friday have been mixed with reasons from position squaring to rising risk…

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