Gapex Gut Feel Report 19th May 2017

Rates USD / ZAR: 13,3625 EUR / ZAR: 14,8573 GBP / ZAR: 17,3224 ZAR / JPY: 8,3186 EUR / USD: 1,1112 GBP / USD: 1,2956 USD / JPY: 111,34 Ø GM disinvests in SA ahead of SA corruption and Political turmoil Ø Brazil woes affecting EM currencies Ø Trump in denial on investigation. Ø Fundamental’s […]

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Gapex Gut Feel Report 18th May 2017

Rates USD / ZAR: 13,2637 EUR / ZAR: 14,7902 GBP / ZAR: 17,2129 ZAR / JPY: 8,3622 EUR / USD: 1,1144 GBP / USD: 1,2971 USD / JPY: 111,14 Ø ZAR loses ground amid political tensions Ø US and SA political situation causing major concerns Ø Loads of conspiracy theories, regarding Russians both here and […]

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Gapex Gut Feel Report 16th May 2017

Rates USD / ZAR: 13,1637 EUR / ZAR: 14,4786 GBP / ZAR: 17,0004 ZAR / JPY: 8,6073 EUR / USD: 1,099 GBP / USD: 1,2911 USD / JPY: 113,48 Ø AR remains resilient due to dollar weakness Ø Con Court decision on the private ballot Ø US data disappoints the market and shows more weakness […]

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Gapex Gut Feel Report 15th May 2017

  USD / ZAR: 13,3446 EUR / ZAR: 14,5912 GBP / ZAR: 17,2363 ZAR / JPY: 8,4829 EUR / USD: 1,0929 GBP / USD: 1,2907 USD / JPY: 113,34 Ø ZAR defies critics and remains strong Ø UDM con court decision Ø DA to take on NPA over whether they will charge JZ Ø US […]

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Gapex Gut Feel Report 10th May 2017

Rates USD / ZAR: 13,618 EUR / ZAR: 14,7889 GBP / ZAR: 17,6496 ZAR / JPY: 8,3079 EUR / USD: 1,0892 GBP / USD: 1,2947 USD / JPY: 113,32 Ø ZAR range bound ahead rumours of Moody’s downgrade Ø Commodity prices catalyst to ZAR weakness Ø Min Gigaba reaffirms Gov commitment to present policy ZAR […]

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Gapex Gut Feel Report 8th May 2017

Rates USD / ZAR: 13,4506 EUR / ZAR: 14,7789 GBP / ZAR: 17,4573 ZAR / JPY: 8,3558 EUR / USD: 1,0971 GBP / USD: 1,2966 USD / JPY: 112,75 Ø SA: Commodity Prices affecting Trading Terms Ø SA: Fin Min Gigaba addresses Parliament’s Finance Committee Ø US: Non-Farm Payrolls Higher Ø EU: French Presidential Election […]

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Gapex Gut Feel Report 3 May 2017

Rates USD / ZAR: 13,305 EUR / ZAR: 14,558 GBP / ZAR: 17,19 ZAR / JPY: 8,4084 EUR / USD: 1,0934 GBP / USD: 1,2913 USD / JPY: 112,04 Ø ZAR remains range bound Ø Min Gigaba to explain Radical Transformation Ø Data released worse than expected, reflecting concern Ø FOMC meeting due today ZAR […]

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Gapex Gut Feel Report 21st April 2017

Gut Feel Rates USD / ZAR: 13,1425 EUR / ZAR: 14,0986 GBP / ZAR: 16,901 ZAR / JPY: 8,2962 EUR / USD: 1,0716 GBP / USD: 1,2793 USD / JPY: 109,19 Ø ZAR defeats the pessimists and breaks through 13.20 Ø Rand strengthens on back of Min of Fin rhetoric Ø ZAR could break 13.00 […]

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Gapex Gut Feel Report 20th April 2017

  Gut Feel Rates USD / ZAR: 13,2625 EUR / ZAR: 14,2327 GBP / ZAR: 16,9888 ZAR / JPY: 8,2014 EUR / USD: 1,0726 GBP / USD: 1,2803 USD / JPY: 108,95 Ø ZAR remains resilient but running out of time Ø Parastatals holding back on bond issues Ø 13.20 proving hard to break Ø […]

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Gapex Gut Feel Report 10th April 2017

Gut Feel Rates USD / ZAR: 13,7964 EUR / ZAR: 14,6176 GBP / ZAR: 17,096 ZAR / JPY: 8,0625 EUR / USD: 1,0584 GBP / USD: 1,2382 USD / JPY: 111,42 Ø ZAR still resilient but is there some outside influence Ø Dollar remains bid causing markets and investors looking for safe haven Ø Investment […]

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