Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: The much-anticipated budget speech happened yesterday, and if you ignore the period between 14h00 and 15h00, one would have been excused to think the Rand had quite a stable day. The Rand reached a high of R14.3700 in the…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: D-day, or should we reference it as B-day is finally upon us. Yes, all roads from the past couple weeks have led us to the Budget speech which will happen this afternoon at 14h00. Minister Tito Mboweni has got…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: With the US out of the markets yesterday, the Rand traded within tight ranges but sagged out later in afternoon trade. This could be down to the sentiment currently in EM where EM has fallen out of favour and…

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Daily Market Report

Daily Market Report Good morning, Today’s market commentary from Andre Botha, Senior Currency Dealer at TreasuryONE: Some optimism has sprung up over the weekend due to fact that the US and China announced plans to resume trade talks in Washington. This has boosted confidence that a trade deal can be struck after news filtered through…

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