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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SOUTH AFRICA
- Local rates trade a fraction higher at the open, despite mostly firmer risk sentiment out of the APAC session.
- Yesterday saw the local curve close bear steeper on the day with 15 & 30Y yields most offered (+3.6-4.0bp).
- 10-30Y yields continue to look vulnerable, while 2Y yields remain mostly contained in the 5.15-5.20 zone for now ahead of tomorrow's SARB.
- CPI today will likely be a solid price action driver, with headline inflation expected to moderate to 4.8% from 5.2%, bolstering real yields.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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