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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
- SAGBs open slightly firmer this morning on the back of more favourable global risk sentiment out of APAC.
- Yesterday’s session saw 10 & 30Y tenors break through key resistance as UST yields continued to march higher.
- 10.323 gave way in the 10Y, supporting a test of 10.40 resistance, while the 30Y fell just short of 11.00.
- W/w the SAGB curve stands +6-17bp higher in the 5-30Y section with the 15Y most offered.
- Gold and platinum are recovering somewhat this morning in line with a softer USD, but SA’s terms of trade have fallen sharply this week – weighing on ZAR.
SA ToT
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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