Oil price woes continue to dominate markets
President Cyril Ramaphosa outlined an R500 billion relief and stimulus package last night aimed at supporting small businesses as well as the poor.
Maybe a time to take a step back!
Over the past week, we saw the Rand giving up most of the gains of the previous week. One of the main reasons for the Rand weakness was the surprise cut of the Repo rate by the SARB
Collapse in Oil unnerved markets
The big story overnight was in the collapse of the May futures price for West Texas Intermediate oil. The price settled at negative $37.63 per barrel last night
Markets treading water as they await moves to re-open US economy
Markets are treading water at the moment as they await the moves to re-open the US economy. Currencies are range-bound this morning
Oil price remains under pressure
Markets in the Far East are positive this morning, buoyed by Donald Trump’s 3 phase plan to re-open the US economy and news of signs of success in a COVID-19 treatment drug
IMF expressed confidence that South Africa’s resilience will see it overcome impact of Coronavirus
Risk aversion and a flight to safety dominate markets after US Retail sales declined by a record
Filling in the blanks… as we go along
As we enter the third week of lockdown in South Africa, there are a lot more questions than answers. Most of the answers are also only guesstimates at best as we plot the chart
Mr Price appoints TreasuryONE
TreasuryONE, the market leader in treasury systems solutions, is pleased to announce that Mr Price has selected its Technology Services to support their treasury operations.
We start the new trading week on a positive note as a cautious risk on mood prevails
TreasuryONE We start the new trading week on a positive note as a cautious risk on mood prevails. The Dollar is softer this morning
Oil price is steady ahead of today’s OPEC meeting
Yesterday was a day of relative calm in most markets with cautious trade in European and Asian time and then some positivity returning to markets in New York.
Slowing rate of spread of Coronavirus tempered by rising number of deaths which turned markets cautious
The positive sentiment that prevailed in markets for most of yesterday dissipated late in New York as a touch of risk aversion returned.
SARB cut its growth forecasts for 2020 and 2021 due to the impact of the COVID-19 pandemic and the current lockdown
The Reserve Bank’s bi-annual monetary policy review presented yesterday painted a dismal picture of the economic outlook for the country.
SARB cut its growth forecasts due to Covid-19
The Reserve Bank’s bi-annual monetary policy review presented yesterday painted a dismal picture of the economic outlook for the country. The SARB cut its growth forecasts for 2020
Revised Up, Up and ….
To say that the last couple of weeks have been unprecedented could be the understatement of the year. The Rand has been in a record-breaking mood and not in a good sort of mood.
ZAR is now almost 40% weaker
It is certainly not any good news on the currency front at this stage. See the graph. ZAR is now almost 40% weaker than at the start of 2020. On Friday evening Fitch downgraded South Africa’s l
All eyes will be on the US unemployment number as well as the non-farm payrolls number out this afternoon
All eyes will be on the US unemployment number as well as the non-farm payrolls number
Another dismal day for the Rand
Another dismal day for the Rand yesterday which closed at a record 18.2188 last night after selling off in New York. Investment banks and hedge funds are shying away from EM assets
South Africa record trade surplus
Markets turned negative in New York last night with Wall Street closing down, Gold falling 3.1% and EM currencies giving back their gains of the day.
Perfect Storm
With lockdown in South Africa, the scenes in cities could resemble the start of a horror movie with empty streets the opening scene and one expecting some eerie music to start playing in the backg
Covid-19 fears continue to hang over markets
Global equity markets had a positive day yesterday after the sell-off on Friday however, Covid-19 fears continue to hang over markets. The Dow was up 3.19
SA’s historic first day of national lockdown
South Africa’s historic first day of national lockdown sees very quiet streets and highways but largely unchanged local and global markets. Asian stocks are trading in positive territory
Final day before the 21-day lockdown
As we enter the final day before the 21-day lockdown here in South Africa the Rand clawed back some of its losses in overnight trade, trading in the mid- R17.20’s at one stage
Senate agreed on the stimulus package
Markets had their best day in quite a while yesterday as the Fed’s moves for unlimited QE gave markets some support. The Covid-19 numbers, however, remain a major concern
President Ramaphosa announced a national
Last night, President Cyril Ramaphosa announced a national lockdown for a period of 21 days effective as of midnight on Thursday the 26th.
Covid-19 pandemic effects continue
The Covid-19 pandemic effects continue to drive total risk aversion in all markets. US equities closed down again on Friday and US
SARB surprised markets with repo rate cut
The South African Reserve Bank surprised the markets yesterday with a 100bp repo rate cut to 5.25% from 6.25%
It is rather gloomy in financial markets…
Yesterday saw massive selling of all assets and a huge surge in demand for the mighty greenback as liquidity concerns and continuing fears over the Covid-19 pandemic
Dollar surged yesterday
The Dollar surged yesterday on investors piling into the greenback as more European countries shut down and fear over a shortage of Dollars. The Dollar touched 1.0950 best levels against the Euro
The economic effects of Covid-19 stark reality
The economic effects of Covid-19 became a stark reality yesterday with the release of a raft of Chinese data for January and February, which showed the sharpest fall in over 50 years
President announced national disaster
We are in the midst of a once in a lifetime occurrence, with countries across the world shutting their borders and a lot of amenities. In South Africa, the president has announced the coronavirus a
Commodities Correlation – 2019 an outlier?
Last year was an interesting year across various markets, with some of the main events being the trade wars between China and the USA and the impact on the global economy, the role that Central Ban
Panic grows over the impact of Corona
By Andre Botha, Senior Dealer, TreasuryONE Yesterday saw massive selling of most assets in a move into cash and liquid assets as panic grows over the impact of the Coronavirus. Governments are impo
WHO declared Coronavirus a pandemic
The WHO has now declared the Coronavirus a pandemic while Donald Trump has imposed a 30-day travel ban from Europe and placed restrictions on cargo. Trump’s speech sowed more confusion and the ma
Rand continues its rollercoaster ride
The US Governments discussion on fiscal stimulus in the form of economic support for among others, the airline, cruise and shale oil industries, along with a payroll tax cut saw Wall Street and the
Fears of global recession sees volatile markets
By Andre Botha, Senior Dealer, TreasuryONE As analysts attempt to assess the ultimate impact the Coronavirus and now the oil price war will have on the global economy, markets remain under p
Failure by OPEC+ to strike a deal
The failure by OPEC+ to strike a deal over production cuts saw Saudi Arabia take the drastic measure of dropping prices and ramping up production in essence starting a price war. The price of Brent
Green across all equity markets this morning
We are green across all equity markets this morning as a modicum of positive sentiment returns to markets although volatility remains as can be seen by the Dow Graph. Wall Street rebounded sharply
Coronavirus fears drive volatility in markets
Coronavirus fears continue to drive volatility in markets with the uncertainty surrounding the impact on the global economy spooking market participants. The Fed’s emergency 50 basis point cut ye
Please move to the exits in an orderly fashion
Coronavirus fears continue to drive volatility in markets with the uncertainty surrounding the impact on the global economy spooking market participants. The Fed’s emergency 50 basis point cut
Market expectations of concerted central bank
By Andre Botha, Senior Dealer, TreasuryONE Market expectations of concerted central bank stimulus saw equity and currency markets recover last night and this morning. The RBA announced a 25 basis p
Fears of Coronavirus recession
By Wichard Cilliers, Head of Dealing, TreasuryONE Fears that the Coronavirus could push the global economy into recession saw markets tumble on Friday. All US equity markets were down over 3% at
ACTOM appoints TreasuryONE
ACTOM appoints TreasuryONE as their Exchange Rate Risk Management Service Provider. TreasuryONE, South Africa’s premier treasury services company is pleased to announce
Libstar appoints TreasuryONE
Libstar appoints TreasuryONE as their Treasury Outsourcing Service Provider. TreasuryONE, South Africa’s premier treasury services company, is pleased to announce
Eskom Pension Fund appoints TreasuryONE
Eskom Pension and Provident Fund appoints TreasuryONE as their Treasury Technology Service Provider. TreasuryONE announces that Eskom Pension and Provident Fund (EPPF) has selected its Treasury Tec
Pepkorfin appoints TreasuryONE
Pepkorfin, a division of Pepkor Trading (Pty) Ltd appoints TreasuryONE as their Treasury Technology and Treasury Outsourcing Service Provider TreasuryONE announces that Pepkorfin, a multi-format re
Village Main Reef appoints TreasuryONE
Village Main Reef appoints TreasuryONE as their Treasury Outsourcing Services Provider TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it is providing a
Aveng appoints TreasuryONE
TreasuryONE announces that Aveng Limited a leader in the infrastructure space in South Africa has selected TreasuryONE’s outsourcing service to support its treasury operations. For more than 125
Saint Gobain selects TreasuryONE’s
4 September 2018 Saint Gobain selects TreasuryONE’s FX Risk Management Services TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it has signed on Sa
UMS (Pty) Ltd selects TreasuryONE
TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it has signed on UMS Management Services, part of the UMS Group (Ltd), as a new Foreign Exchange risk ma
TreasuryONE is committed
TreasuryONE as a Market Participant defined in the code is committed to conducting its FX Market activities in a manner consistent with the principles of the code. The FX Global Code December 2017
Treasuryone News-Tarsus Technology
TreasuryONE announces that the Tarsus Technology Group, the longest-established IT distributor in South Africa has selected TreasuryONE’s outsourcing service to support its treasury operations.
TreasuryOne News-Transaction Capital
TreasuryOne announces that Transaction Capital, a JSE-listed non-deposit taking financial services group has selected the IT2 Treasury Management Technology Solution offered by TreasuryOne. Hennie
TreasuryOne News-GWK
TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed GWK Limited (Griekwaland – Wes Korporatief) as a new Foreign Exchange risk management c
TreasuryOne Press Release-Ascendis Health Limited
TreasuryOne announces that Ascendis Health, a multinational health and care company, has selected TreasuryOne’s outsourcing service to support its treasury operations. Hennie de Klerk, TreasuryOn
TreasuryOne Press Release-3G Mobile
3G Mobile select TreasuryOne’s Exchange Rate Risk Management Service. TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed on 3G Mobile as a n
TreasuryOne Press Release-Belgotex Floors
Belgotex Floors select TreasuryOne’s FX Risk Management Service. TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed on Belgotex Floors as a
TreasuryOne Press Release-Goscor Group
TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it provides FX dealing and back office settlement functionality to the Goscor Group of Companies. All tre
Oil price woes continue to dominate markets
President Cyril Ramaphosa outlined an R500 billion relief and stimulus package last night aimed at supporting small businesses as well as the poor.
Maybe a time to take a step back!
Over the past week, we saw the Rand giving up most of the gains of the previous week. One of the main reasons for the Rand weakness was the surprise cut of the Repo rate by the SARB
Collapse in Oil unnerved markets
The big story overnight was in the collapse of the May futures price for West Texas Intermediate oil. The price settled at negative $37.63 per barrel last night
Markets treading water as they await moves to re-open US economy
Markets are treading water at the moment as they await the moves to re-open the US economy. Currencies are range-bound this morning
Oil price remains under pressure
Markets in the Far East are positive this morning, buoyed by Donald Trump’s 3 phase plan to re-open the US economy and news of signs of success in a COVID-19 treatment drug
IMF expressed confidence that South Africa’s resilience will see it overcome impact of Coronavirus
Risk aversion and a flight to safety dominate markets after US Retail sales declined by a record
Filling in the blanks… as we go along
As we enter the third week of lockdown in South Africa, there are a lot more questions than answers. Most of the answers are also only guesstimates at best as we plot the chart
Mr Price appoints TreasuryONE
TreasuryONE, the market leader in treasury systems solutions, is pleased to announce that Mr Price has selected its Technology Services to support their treasury operations.
We start the new trading week on a positive note as a cautious risk on mood prevails
TreasuryONE We start the new trading week on a positive note as a cautious risk on mood prevails. The Dollar is softer this morning
Oil price is steady ahead of today’s OPEC meeting
Yesterday was a day of relative calm in most markets with cautious trade in European and Asian time and then some positivity returning to markets in New York.
Slowing rate of spread of Coronavirus tempered by rising number of deaths which turned markets cautious
The positive sentiment that prevailed in markets for most of yesterday dissipated late in New York as a touch of risk aversion returned.
SARB cut its growth forecasts for 2020 and 2021 due to the impact of the COVID-19 pandemic and the current lockdown
The Reserve Bank’s bi-annual monetary policy review presented yesterday painted a dismal picture of the economic outlook for the country.
SARB cut its growth forecasts due to Covid-19
The Reserve Bank’s bi-annual monetary policy review presented yesterday painted a dismal picture of the economic outlook for the country. The SARB cut its growth forecasts for 2020
Revised Up, Up and ….
To say that the last couple of weeks have been unprecedented could be the understatement of the year. The Rand has been in a record-breaking mood and not in a good sort of mood.
ZAR is now almost 40% weaker
It is certainly not any good news on the currency front at this stage. See the graph. ZAR is now almost 40% weaker than at the start of 2020. On Friday evening Fitch downgraded South Africa’s l
All eyes will be on the US unemployment number as well as the non-farm payrolls number out this afternoon
All eyes will be on the US unemployment number as well as the non-farm payrolls number
Another dismal day for the Rand
Another dismal day for the Rand yesterday which closed at a record 18.2188 last night after selling off in New York. Investment banks and hedge funds are shying away from EM assets
South Africa record trade surplus
Markets turned negative in New York last night with Wall Street closing down, Gold falling 3.1% and EM currencies giving back their gains of the day.
Perfect Storm
With lockdown in South Africa, the scenes in cities could resemble the start of a horror movie with empty streets the opening scene and one expecting some eerie music to start playing in the backg
Covid-19 fears continue to hang over markets
Global equity markets had a positive day yesterday after the sell-off on Friday however, Covid-19 fears continue to hang over markets. The Dow was up 3.19
SA’s historic first day of national lockdown
South Africa’s historic first day of national lockdown sees very quiet streets and highways but largely unchanged local and global markets. Asian stocks are trading in positive territory
Final day before the 21-day lockdown
As we enter the final day before the 21-day lockdown here in South Africa the Rand clawed back some of its losses in overnight trade, trading in the mid- R17.20’s at one stage
Senate agreed on the stimulus package
Markets had their best day in quite a while yesterday as the Fed’s moves for unlimited QE gave markets some support. The Covid-19 numbers, however, remain a major concern
President Ramaphosa announced a national
Last night, President Cyril Ramaphosa announced a national lockdown for a period of 21 days effective as of midnight on Thursday the 26th.
Covid-19 pandemic effects continue
The Covid-19 pandemic effects continue to drive total risk aversion in all markets. US equities closed down again on Friday and US
SARB surprised markets with repo rate cut
The South African Reserve Bank surprised the markets yesterday with a 100bp repo rate cut to 5.25% from 6.25%
It is rather gloomy in financial markets…
Yesterday saw massive selling of all assets and a huge surge in demand for the mighty greenback as liquidity concerns and continuing fears over the Covid-19 pandemic
Dollar surged yesterday
The Dollar surged yesterday on investors piling into the greenback as more European countries shut down and fear over a shortage of Dollars. The Dollar touched 1.0950 best levels against the Euro
The economic effects of Covid-19 stark reality
The economic effects of Covid-19 became a stark reality yesterday with the release of a raft of Chinese data for January and February, which showed the sharpest fall in over 50 years
President announced national disaster
We are in the midst of a once in a lifetime occurrence, with countries across the world shutting their borders and a lot of amenities. In South Africa, the president has announced the coronavirus a
Commodities Correlation – 2019 an outlier?
Last year was an interesting year across various markets, with some of the main events being the trade wars between China and the USA and the impact on the global economy, the role that Central Ban
Panic grows over the impact of Corona
By Andre Botha, Senior Dealer, TreasuryONE Yesterday saw massive selling of most assets in a move into cash and liquid assets as panic grows over the impact of the Coronavirus. Governments are impo
WHO declared Coronavirus a pandemic
The WHO has now declared the Coronavirus a pandemic while Donald Trump has imposed a 30-day travel ban from Europe and placed restrictions on cargo. Trump’s speech sowed more confusion and the ma
Rand continues its rollercoaster ride
The US Governments discussion on fiscal stimulus in the form of economic support for among others, the airline, cruise and shale oil industries, along with a payroll tax cut saw Wall Street and the
Fears of global recession sees volatile markets
By Andre Botha, Senior Dealer, TreasuryONE As analysts attempt to assess the ultimate impact the Coronavirus and now the oil price war will have on the global economy, markets remain under p
Failure by OPEC+ to strike a deal
The failure by OPEC+ to strike a deal over production cuts saw Saudi Arabia take the drastic measure of dropping prices and ramping up production in essence starting a price war. The price of Brent
Green across all equity markets this morning
We are green across all equity markets this morning as a modicum of positive sentiment returns to markets although volatility remains as can be seen by the Dow Graph. Wall Street rebounded sharply
Coronavirus fears drive volatility in markets
Coronavirus fears continue to drive volatility in markets with the uncertainty surrounding the impact on the global economy spooking market participants. The Fed’s emergency 50 basis point cut ye
Please move to the exits in an orderly fashion
Coronavirus fears continue to drive volatility in markets with the uncertainty surrounding the impact on the global economy spooking market participants. The Fed’s emergency 50 basis point cut
Market expectations of concerted central bank
By Andre Botha, Senior Dealer, TreasuryONE Market expectations of concerted central bank stimulus saw equity and currency markets recover last night and this morning. The RBA announced a 25 basis p
Fears of Coronavirus recession
By Wichard Cilliers, Head of Dealing, TreasuryONE Fears that the Coronavirus could push the global economy into recession saw markets tumble on Friday. All US equity markets were down over 3% at
ACTOM appoints TreasuryONE
ACTOM appoints TreasuryONE as their Exchange Rate Risk Management Service Provider. TreasuryONE, South Africa’s premier treasury services company is pleased to announce
Libstar appoints TreasuryONE
Libstar appoints TreasuryONE as their Treasury Outsourcing Service Provider. TreasuryONE, South Africa’s premier treasury services company, is pleased to announce
Eskom Pension Fund appoints TreasuryONE
Eskom Pension and Provident Fund appoints TreasuryONE as their Treasury Technology Service Provider. TreasuryONE announces that Eskom Pension and Provident Fund (EPPF) has selected its Treasury Tec
Pepkorfin appoints TreasuryONE
Pepkorfin, a division of Pepkor Trading (Pty) Ltd appoints TreasuryONE as their Treasury Technology and Treasury Outsourcing Service Provider TreasuryONE announces that Pepkorfin, a multi-format re
Village Main Reef appoints TreasuryONE
Village Main Reef appoints TreasuryONE as their Treasury Outsourcing Services Provider TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it is providing a
Aveng appoints TreasuryONE
TreasuryONE announces that Aveng Limited a leader in the infrastructure space in South Africa has selected TreasuryONE’s outsourcing service to support its treasury operations. For more than 125
Saint Gobain selects TreasuryONE’s
4 September 2018 Saint Gobain selects TreasuryONE’s FX Risk Management Services TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it has signed on Sa
UMS (Pty) Ltd selects TreasuryONE
TreasuryONE, South Africa’s premier treasury services company, is pleased to announce that it has signed on UMS Management Services, part of the UMS Group (Ltd), as a new Foreign Exchange risk ma
TreasuryONE is committed
TreasuryONE as a Market Participant defined in the code is committed to conducting its FX Market activities in a manner consistent with the principles of the code. The FX Global Code December 2017
Treasuryone News-Tarsus Technology
TreasuryONE announces that the Tarsus Technology Group, the longest-established IT distributor in South Africa has selected TreasuryONE’s outsourcing service to support its treasury operations.
TreasuryOne News-Transaction Capital
TreasuryOne announces that Transaction Capital, a JSE-listed non-deposit taking financial services group has selected the IT2 Treasury Management Technology Solution offered by TreasuryOne. Hennie
TreasuryOne News-GWK
TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed GWK Limited (Griekwaland – Wes Korporatief) as a new Foreign Exchange risk management c
TreasuryOne Press Release-Ascendis Health Limited
TreasuryOne announces that Ascendis Health, a multinational health and care company, has selected TreasuryOne’s outsourcing service to support its treasury operations. Hennie de Klerk, TreasuryOn
TreasuryOne Press Release-3G Mobile
3G Mobile select TreasuryOne’s Exchange Rate Risk Management Service. TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed on 3G Mobile as a n
TreasuryOne Press Release-Belgotex Floors
Belgotex Floors select TreasuryOne’s FX Risk Management Service. TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed on Belgotex Floors as a
TreasuryOne Press Release-Goscor Group
TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it provides FX dealing and back office settlement functionality to the Goscor Group of Companies. All tre




















