Morning Summary
� EM currencies were mixed yesterday; the KRW (+0.5%), PHP (+0.4%) and MYR (+0.4%) were the biggest gainers; the ZAR (-1.1%), CLP (-0.9%) and RUB (-0.7%) were the biggest losers.
� Asian equity markets are mixed this morning; the Nikkei and Shanghai Composite are up, while the Hang Seng is down.
� Brent crude is down this morning, and up by 8.1% year-to-date. Brent crude oil is currently at $83.27/bbl; ($83.67/bbl*).
� The gold price is up this morning, and down by 1.8% year-to-date. Gold is at $2024/oz ($2023/oz*).
� SA CDS 228bps*, Brazil 128bps* and Turkey 288bps*.
� Yields: US 10yr at 4.32%*, German bund at 2.44%* and SA 10-year generic at 11.33%*, SA�s R2030 at 10.00%*.
From SA:
� The rand is weaker this morning, at R19.16/$, after closing weaker yesterday (R19.15/$*).
� Locally, it�s a quiet day as far as data releases are concerned.
|
Last price |
% change |
|
|
|
JALSH |
74112.74 |
1.46 |
|
|
|
Top40 |
67636.51 |
1.60 |
|
|
|
USDZAR |
19.1635 |
1.27 |
|
|
|
EURZAR |
20.7405 |
1.30 |
|
|
|
GBPZAR |
24.2624 |
1.45 |
|
|
|
S&P |
5087.03 |
2.19 |
|
|
|
Tencent |
291.4 |
0.89 |
|
|
NPN |
333915 |
3.76 |
|
| |
|
|
Key events and data:
11h00: Eurozone ECB 1 yr and 3 yr inflation expectations |