• Welcome to ETM Analytics

    A boutique financial market research and analysis house

  • ETM Services

    Financial market commentary and advisory services

  • Data analytics

    Bespoke financial market indices and analytics

  1. 1
  2. 2
  3. 3

Commodities

Softs update | Wheat extends its winning streak SA
Published on 27 Jan 2023 at 09:12

Oil Update | Oil looking to close the week flat SA
Published on 27 Jan 2023 at 08:27

Oil Update | China and weak USD continue to support oil prices SA
Published on 26 Jan 2023 at 08:20

Precious and Base Metals SA
Published on 26 Jan 2023 at 07:26

Softs update | Grains were stronger during yesterday's session SA
Published on 25 Jan 2023 at 07:57

Precious and Base Metals SA
Published on 25 Jan 2023 at 07:49

Oil Update | Brent continues to rally, nears key technical level SA
Published on 24 Jan 2023 at 08:15

Softs update | There are signs that El Niño is rearing its head again in SA SA
Published on 24 Jan 2023 at 07:46

Precious and Base Metals SA
Published on 24 Jan 2023 at 07:24

Oil Update | Oil dips but outlook remains bullish near term SA
Published on 23 Jan 2023 at 08:27

Softs update | Expected rain in South America to ease supply concerns SA
Published on 23 Jan 2023 at 07:39

Precious and Base Metals SA
Published on 23 Jan 2023 at 07:34

Oil Update | Oil set for second weekly gain this year SA
Published on 20 Jan 2023 at 08:24

Softs update | An expansion in wheat acreage could limit corn and soybean acreage growth SA
Published on 20 Jan 2023 at 07:48

Precious and Base Metals SA
Published on 20 Jan 2023 at 07:45

Oil Update | Brent slides on mounting recession risks SA
Published on 19 Jan 2023 at 08:19

Softs update | China’s corn imports dropped by 35% y/y, sowing demand concerns SA
Published on 19 Jan 2023 at 07:48

Precious and Base Metals SA
Published on 19 Jan 2023 at 07:39

Oil Update | Rally continues as OPEC signals "cautious optimism" SA
Published on 18 Jan 2023 at 08:13

Softs update | EU exports of soft wheat and corn have risen SA
Published on 18 Jan 2023 at 07:53

Precious and Base Metals SA
Published on 18 Jan 2023 at 07:12

Oil Update | Brent steadies near $85 after positive China data SA
Published on 17 Jan 2023 at 08:08

Softs update | Soybean prices fall as markets expect record crop from Brazil SA
Published on 17 Jan 2023 at 07:52

Precious and Base Metals SA
Published on 17 Jan 2023 at 07:13

Oil Update | Rally continues with Brent above $85 SA
Published on 16 Jan 2023 at 08:12

Softs update | China’s soybeans imports rose for the second month in December SA
Published on 16 Jan 2023 at 07:32

Precious and Base Metals SA
Published on 16 Jan 2023 at 07:26

Oil Update | Oil heading for weekly gain on China optimism SA
Published on 13 Jan 2023 at 08:08

Softs update | Grain markets rallied following the USDA report SA
Published on 13 Jan 2023 at 07:48

Precious and Base Metals SA
Published on 13 Jan 2023 at 07:47

Financial Markets

SA ILB Auction | 27 January 2023 SA
Published on 27 Jan 2023 at 12:44

Global Equity update | Equities traded higher on Friday amid hopes of a soft landing in the US SA
Published on 27 Jan 2023 at 08:43

Global Rates Update | Bonds weaken on rising rate hike bets SA
Published on 27 Jan 2023 at 08:25

Global FX Update | Dollar edges up after GDP beat SA
Published on 27 Jan 2023 at 08:24

ETM ZAR Morning Research SA
Published on 27 Jan 2023 at 08:09

Africa Insight 27 January 2023
Published on 27 Jan 2023 at 07:31

ZA Watch – SARB plays it cautiously and hikes the Repo Rate by 25bps SA
Published on 26 Jan 2023 at 15:25

ZA Data Preview - SARB Rate Announcement SA
Published on 26 Jan 2023 at 15:00

ZA Data Watch - PPI y/y December SA
Published on 26 Jan 2023 at 12:04

ZA Data Preview - PPI y/y December SA
Published on 26 Jan 2023 at 10:59

Global Equity update | US GDP figures take centre stage today SA
Published on 26 Jan 2023 at 08:30

Global Rates Update | Global bonds gain on lowered rate hike risk SA
Published on 26 Jan 2023 at 08:19

Global FX Update | Aussie and EUR continue to rally SA
Published on 26 Jan 2023 at 08:18

ETM ZAR Morning Research SA
Published on 26 Jan 2023 at 08:11

Africa Insight 26 January 2023
Published on 26 Jan 2023 at 07:26

West/North Africa Weekly Report: 23-27 January 2023
Published on 25 Jan 2023 at 15:37

Visual round up | US Opening bell 25 January 2023 SA
Published on 25 Jan 2023 at 12:25

Global Equity update | Cautious trading takes hold of equities as companies projections disappoint SA
Published on 25 Jan 2023 at 08:38

ETM ZAR Morning Research SA
Published on 25 Jan 2023 at 08:06

Africa Insight 25 January 2023
Published on 25 Jan 2023 at 07:27

East Africa Weekly Report: 23-27 January 2023
Published on 24 Jan 2023 at 12:18

Visual round up | US Opening bell 24 January 2023 SA
Published on 24 Jan 2023 at 12:13

SA Vanilla Auction | 24 January 2023 SA
Published on 24 Jan 2023 at 12:13

ZA Data Watch - Leading Indicator December SA
Published on 24 Jan 2023 at 09:23

Global Rates Update | Bonds weaken as stocks gain SA
Published on 24 Jan 2023 at 08:14

Global Equity update | Equities extend their gains as market sentiment remains upbeat SA
Published on 24 Jan 2023 at 08:13

Global FX Update | USD remains on the defensive SA
Published on 24 Jan 2023 at 08:12

ETM Morning Research SA
Published on 24 Jan 2023 at 08:05

Africa Insight 24 January 2023
Published on 24 Jan 2023 at 06:32

Visual round up | US Opening bell 23 January 2023 SA
Published on 23 Jan 2023 at 12:35

Corporate - Clarity

Global Rates Update | Global yields surge on hawkish central banks SA
Published on 9 Sep 2022 at 08:00

Viewpoint_Global Central Bank Radar_ May 2022 SA
Published on 6 May 2022 at 14:33

CEE Monetary Policy Review - Oct 2021 SA
Published on 22 Oct 2021 at 16:02

EM Carry Trade Monitor - Aug 2021 SA
Published on 25 Aug 2021 at 15:05

EM Risk Radar: Feb 2021 SA
Published on 11 Feb 2021 at 12:12

EM Viewpoint: LATAM Central Bank Monitor - Dec 2020
Published on 11 Dec 2020 at 15:21

EM Viewpoint: COVID vs Fiscal Collapse - Oct 2020 SA
Published on 30 Oct 2020 at 13:54

EM Carry Trade Monitor - Oct 2020
Published on 16 Oct 2020 at 14:41

Libor Transition Update - Sept 2020 SA
Published on 29 Sep 2020 at 14:04

Global viewpoint: China in context SA
Published on 11 Sep 2020 at 12:45

EM FX TOOLS: MXN Resilience Assessment - Sept 2020
Published on 10 Sep 2020 at 10:44

EM Fiscal Risk Comparison - July 2020 SA
Published on 3 Aug 2020 at 15:38

Latam Bond Beta Risk Monitor - June 2020 SA
Published on 19 Jun 2020 at 10:11

EM Bond Beta Risk Monitor - May 2020 Update
Published on 25 May 2020 at 14:25

ETM Africa Viewpoint - GHS Fiscal Resilience
Published on 14 May 2020 at 14:36

EM FX TOOLS: RUBZAR comparison / correlation potential with oil - April 2020 SA
Published on 23 Apr 2020 at 12:04

EM TOOLS: Central Banks react to COVID-19
Published on 13 Mar 2020 at 11:38

EM Carry Trade Monitor - Feb 2020
Published on 19 Feb 2020 at 10:34

EM FX TOOLS: TRY Resilience Assessment - December 2019
Published on 11 Dec 2019 at 07:41

EM TOOLS: DM Fixed Income Snapshot | November 2019 SA
Published on 19 Nov 2019 at 15:38

EM FX TOOLS: RUB Resilience Assessment - Nov 2019
Published on 6 Nov 2019 at 15:28

EM FX TOOLS: ZAR Resilience Assessment - October 2019
Published on 22 Oct 2019 at 10:22

EM TOOLS | MXN Resilience assessment | October 2019
Published on 14 Oct 2019 at 11:29

EM FX TOOLS: BRL Resilience Assessment - September 2019
Published on 27 Sep 2019 at 12:26

EM Bond Beta Risk Monitor - August Update
Published on 16 Sep 2019 at 13:58

EM Volatility Digest: Risks mount as Business Cycle Matures
Published on 16 Sep 2019 at 13:51

EM Carry Trade Monitor - August
Published on 15 Sep 2019 at 10:05

EM Fundamental Comparision - July
Published on 15 Sep 2019 at 09:09

EM FX Monitor - July
Published on 14 Sep 2019 at 10:13

EM Risk Radar - June
Published on 14 Sep 2019 at 07:36

Intelligence

FX Service | Quarterly ZAR Risk Report SA
Published on 25 Jan 2023 at 10:15

FX Service | CFTC Weekly SA
Published on 24 Jan 2023 at 14:39

FX Service | ZAR Sentiment Jan 2023 SA
Published on 20 Jan 2023 at 15:07

FX Service | CFTC Weekly SA
Published on 17 Jan 2023 at 15:10

Market Mover | NERSA Tariff Hike Analysis - January 2023 SA
Published on 16 Jan 2023 at 13:35

FX Service | ZAR Valuation Tool: Jan 2023 SA
Published on 13 Jan 2023 at 14:35

FX Service | CFTC Weekly SA
Published on 10 Jan 2023 at 14:28

2023 Rates Outlook
Published on 30 Dec 2022 at 10:52

USD Outlook 2023 SA
Published on 29 Dec 2022 at 11:43

FX Service | Monthly Rates Dashboard: Dec 2023 SA
Published on 15 Dec 2022 at 19:02

FX Service | CFTC Weekly SA
Published on 13 Dec 2022 at 14:05

2022 Market Wrap SA
Published on 13 Dec 2022 at 10:51

FX Service | Monthly FX Dashboard: Dec 2022 SA
Published on 8 Dec 2022 at 11:06

FX Service | CFTC Weekly SA
Published on 6 Dec 2022 at 15:10

FX Service | Viewpoint: Ramaphosa and Rate hikes SA
Published on 2 Dec 2022 at 16:59

FX Service | CFTC Weekly SA
Published on 30 Nov 2022 at 14:40

Market Mover | Freight rates update - November 2022 SA
Published on 28 Nov 2022 at 14:21

FX Service | CFTC Weekly SA
Published on 22 Nov 2022 at 15:45

Market Mover | SA Credit Rating Preview - November 2022 SA
Published on 17 Nov 2022 at 15:23

FX Service | CFTC Weekly SA
Published on 16 Nov 2022 at 15:18

FX Service | Monthly FX Dashboard: Nov 2022 SA
Published on 11 Nov 2022 at 16:33

Market Mover_SA oil gas refining_November 2022 SA
Published on 9 Nov 2022 at 12:32

FX Service | CFTC Weekly SA
Published on 8 Nov 2022 at 14:05

FX Service | Viewpoint on ZAR carry: Nov 2022 SA
Published on 4 Nov 2022 at 16:45

MTBPS Review October 2022 SA
Published on 26 Oct 2022 at 17:01

Market Mover_Falling freight rates October 2022 SA
Published on 26 Oct 2022 at 12:48

FX Service | CFTC Weekly SA
Published on 26 Oct 2022 at 12:08

FX Service | Valuations: Oct 2022 SA
Published on 21 Oct 2022 at 14:09

FX Service: Summarised monthly roundup - Oct SA
Published on 20 Oct 2022 at 16:03

FX Service | CFTC Weekly SA
Published on 18 Oct 2022 at 15:15

Economics

ZA CB Review - January 2023 SA
Published on 26 Jan 2023 at 16:39

ZA Data Watch - PPI y/y December SA
Published on 26 Jan 2023 at 12:04

ZA Data Watch - Leading Indicator December SA
Published on 24 Jan 2023 at 09:23

Economic Calendar: 23-27 January SA
Published on 20 Jan 2023 at 14:43

ZA Data - November Retail Sales SA
Published on 18 Jan 2023 at 13:47

ZA Data Watch - SA inflation continued to ease in December SA
Published on 18 Jan 2023 at 10:30

ZA Data Watch - Mining Production November y/y SA
Published on 17 Jan 2023 at 11:59

Economic Calendar: 16-20 January SA
Published on 15 Jan 2023 at 17:00

ZA Data Watch – Manufacturing production improved in November SA
Published on 10 Jan 2023 at 13:31

ZA Data Watch – December vehicle sales close out a strong 2022 SA
Published on 9 Jan 2023 at 14:42

Economic Calendar: 9-13 January SA
Published on 6 Jan 2023 at 17:00

Economic Calendar: 2-6 January SA
Published on 2 Jan 2023 at 08:31

ZA Data - Leading Indicator October SA
Published on 20 Dec 2022 at 09:30

Economic Calendar: 19 - 23 December SA
Published on 16 Dec 2022 at 17:00

ZA Data Watch - ZA Data Preview - Non-Farm Payrolls y/y: 3Q SA
Published on 15 Dec 2022 at 11:05

ZA Data Watch - Retail sales y/y October SA
Published on 14 Dec 2022 at 13:25

ZA Data Watch - CPI y/y Nov SA
Published on 14 Dec 2022 at 10:26

ZA Data – November SACCI BCI SA
Published on 13 Dec 2022 at 12:11

ZA Data Watch - Mining Production October SA
Published on 13 Dec 2022 at 12:06

Economic Calendar: 12- 16 December SA
Published on 9 Dec 2022 at 17:00

ZA Data Watch - SA Manufacturing Production NSA October SA
Published on 8 Dec 2022 at 13:25

ZA Data Watch - Current Account Balance Q3 SA
Published on 8 Dec 2022 at 11:30

ZA Data Watch - BER Consumer Confidence Q4 SA
Published on 8 Dec 2022 at 10:42

ZA Data Watch - Gross & Net Reserves Nov SA
Published on 7 Dec 2022 at 08:20

ZA Data Watch - SA GDP Q3 SA
Published on 6 Dec 2022 at 12:07

ZA Data Watch - S&P Global South Africa PMI SA
Published on 5 Dec 2022 at 09:33

Economic Calendar: 05 - 09 December SA
Published on 2 Dec 2022 at 17:00

ZA Data Watch - Naamsa Vehicle Sales November SA
Published on 1 Dec 2022 at 15:19

ZA Data Watch - Absa Manufacturing PMI October SA
Published on 1 Dec 2022 at 11:35

ZA Data Watch - Trade Balance October SA
Published on 30 Nov 2022 at 14:37

Consulting

Defining the risk of fuel price movements to the balance sheet SA
Published on 7 Jun 2022 at 13:44

Benchmark for Africa sales growth
Published on 6 Jun 2022 at 15:08

Benchmark for Africa sales growth
Published on 30 May 2022 at 13:32

ZAR Sentiment Indicator SA
Published on 25 May 2022 at 16:41

Carry Attractiveness Rankings SA
Published on 23 May 2022 at 12:16

Inflation Risk Index SA
Published on 18 May 2022 at 13:04

Carry Attractiveness Rankings SA
Published on 11 May 2022 at 15:37

ZAR Carry Attractiveness vs EM and DM averages SA
Published on 28 Apr 2022 at 12:35

ZAR Sentiment Indicator SA
Published on 20 Apr 2022 at 14:43

ZSI Implied ZAR Levels SA
Published on 14 Apr 2022 at 14:32

ZAR Valuation Range SA
Published on 12 Apr 2022 at 12:42

Inflation Risk Index SA
Published on 24 Mar 2022 at 14:51

ZAR Carry Attractiveness vs EM and DM averages SA
Published on 17 Mar 2022 at 12:42

ZAR Sentiment Indicator SA
Published on 15 Mar 2022 at 15:33

SA Fiscal Risk Heatmap SA
Published on 23 Feb 2022 at 13:04

ZAR Carry Attractiveness vs EM and DM averages SA
Published on 17 Feb 2022 at 13:21

Carry Attractiveness Rankings SA
Published on 2 Feb 2022 at 13:55

SA Monetary Rectitude SA
Published on 25 Jan 2022 at 14:35

Resilience cross section comparison SA
Published on 21 Jan 2022 at 10:42

ZAR Sentiment Indicator SA
Published on 11 Jan 2022 at 13:56

ZAR Sentiment Indicator SA
Published on 7 Dec 2021 at 14:46

ZAR Sentiment Indicator SA
Published on 8 Nov 2021 at 16:42

ZAR Carry Attractiveness vs EM and DM averages SA
Published on 26 Oct 2021 at 16:29

ZAR Sentiment Indicator SA
Published on 15 Oct 2021 at 16:23

Currency Resilience Rankings SA
Published on 8 Oct 2021 at 13:25

Carry Attractiveness Rankings SA
Published on 29 Sep 2021 at 13:47

ZAR Headline Resilience SA
Published on 7 Sep 2021 at 16:46

ZAR Carry Attractiveness vs EM and DM averages SA
Published on 3 Sep 2021 at 16:49

ZAR Sentiment Indicator SA
Published on 27 Aug 2021 at 16:49

Carry Attractiveness Rankings SA
Published on 17 Aug 2021 at 17:11