ETM Analytics

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
2
3

Clarity

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

EM Monetary Prudence Comparison
Published on 14 Sep 2019 at 06:39

Intraday Comments

Despite selling off today, ZAR looks set to record a second weekly gain SA
Published on 29 May 2020 at 16:45

ZA Data Watch - April Monthly Budget Balance SA
Published on 29 May 2020 at 14:44

ZA DATA - April Trade Balance SA
Published on 29 May 2020 at 14:41

Dollar back on the defensive ahead of Trump announcement SA
Published on 29 May 2020 at 12:29

Kganyago says there is nothing unconventional about SARB's current policy SA
Published on 29 May 2020 at 11:51

SA packs continue to reflect heightened fiscal risks SA
Published on 29 May 2020 at 10:03

Oil prices fall as US-China tensions build SA
Published on 29 May 2020 at 08:41

G4 Morning Commentary SA
Published on 29 May 2020 at 08:31

ZA Data - April M3 & PSCE SA
Published on 29 May 2020 at 08:24

Global Equity Update | Asian stocks slip ahead of Trump’s address SA
Published on 29 May 2020 at 08:10

Global FX Update | Trade tension between the US and China weighing on USD sentiment SA
Published on 29 May 2020 at 08:04

ZA Fixed Income 29 May 2020 SA
Published on 29 May 2020 at 08:01

ZAR Insight: 29 May 2020 SA
Published on 29 May 2020 at 07:56

Precious and Base Metals Update SA
Published on 29 May 2020 at 07:08

ZAR Technicals SA
Published on 29 May 2020 at 06:54

USD-ZAR trading higher ahead of the SA close, reversing all of its earlier losses SA
Published on 28 May 2020 at 16:55

Government plans $20.5bn infrastructure fund SA
Published on 28 May 2020 at 13:02

ZA Data Watch - March Producer Price Inflation SA
Published on 28 May 2020 at 12:11

Cost of insuring SA’s debt declines as ZAR appreciates SA
Published on 28 May 2020 at 11:37

ZAR carry appeal rising as vol levels drop SA
Published on 28 May 2020 at 10:16

Oil prices plunge after API data shows larger than expected build in US inventories SA
Published on 28 May 2020 at 08:34

G4 Morning Commentary SA
Published on 28 May 2020 at 08:27

Global Equity Update | Mixed Asian market as investors eye NPC vote SA
Published on 28 May 2020 at 08:22

Global FX Update | Escalating trade tension buoying the USD SA
Published on 28 May 2020 at 07:51

ZA Fixed Income 28 May 2020 SA
Published on 28 May 2020 at 07:43

ZAR Insight: 28 May 2020 SA
Published on 28 May 2020 at 07:41

Precious and Base Metals Update SA
Published on 28 May 2020 at 07:15

ZAR Technicals SA
Published on 28 May 2020 at 07:11

USD pares earlier gains as EUR surges SA
Published on 27 May 2020 at 13:41

Gold extends slide as risk-taking returns SA
Published on 27 May 2020 at 13:08

Viewpoints

ETM Tech Report: DXY SA
Published on 30 May 2020 at 11:08

FX Service | 6-12m Outlook: May 2020 SA
Published on 29 May 2020 at 16:50

FX Service | Weekly CFTC SA
Published on 28 May 2020 at 15:58

ETM Africa - SSA COVID-19 Response
Published on 28 May 2020 at 10:31

FX Service | Weekly Techs USD-ZAR SA
Published on 25 May 2020 at 17:36

ETM Tech Report EUR-USD SA
Published on 25 May 2020 at 08:13

ETM Tech Report: DXY SA
Published on 23 May 2020 at 08:54

ETM Market Movers | S&P Preview | 22 May 2020 SA
Published on 21 May 2020 at 17:02

FX Service: Q2 ZAR Risk Report SA
Published on 21 May 2020 at 16:06

FX Service | Weekly CFTC SA
Published on 21 May 2020 at 14:26

SARB MPC Preview: 21 May 2020 SA
Published on 20 May 2020 at 12:32

FX Service | Weekly Techs USD-ZAR SA
Published on 18 May 2020 at 17:50

ETM Tech Report EUR-USD SA
Published on 18 May 2020 at 06:59

ETM Tech Report: DXY SA
Published on 16 May 2020 at 09:57

FX Service | Weekly CFTC SA
Published on 14 May 2020 at 15:24

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

FX Service | Weekly Techs USD-ZAR SA
Published on 11 May 2020 at 17:53

ETM Tech Report EUR-USD SA
Published on 11 May 2020 at 08:04

ETM Tech Report: DXY SA
Published on 9 May 2020 at 09:30

Op-Ed: COVID Viewpoint: May 2020 SA
Published on 8 May 2020 at 14:39

FX Service | Weekly CFTC SA
Published on 8 May 2020 at 11:02

FX Service | Weekly Techs USD-ZAR SA
Published on 4 May 2020 at 17:39

ETM Tech Report EUR-USD SA
Published on 4 May 2020 at 08:52

ETM Tech Report: DXY SA
Published on 2 May 2020 at 10:33

FX Service | Weekly CFTC SA
Published on 30 Apr 2020 at 15:41

FX Service | ZAR Outlook: 30 Apr 2020 SA
Published on 30 Apr 2020 at 13:54

FX Service | Weekly Techs USD-ZAR SA
Published on 28 Apr 2020 at 07:52

ETM Tech Report EUR-USD SA
Published on 27 Apr 2020 at 07:38

ETM Tech Report: DXY SA
Published on 25 Apr 2020 at 09:07

FX Service | Carry Attractiveness Tool SA
Published on 24 Apr 2020 at 12:02

Financial Markets

ILB Auction 29 May SA
Published on 29 May 2020 at 13:27

US Opening Bell 29 May 2020 SA
Published on 29 May 2020 at 12:37

Africa Insight 29 May 2020
Published on 29 May 2020 at 08:26

Morning Insight 29 May 2020 SA
Published on 29 May 2020 at 07:37

US Opening Bell 28 May 2020 SA
Published on 28 May 2020 at 12:38

Africa Insight 28 May 2020
Published on 28 May 2020 at 07:49

Morning Insight 28 May 2020 SA
Published on 28 May 2020 at 07:19

US Opening Bell 27 May 2020 SA
Published on 27 May 2020 at 12:33

Africa Insight 27 March 2020
Published on 27 May 2020 at 08:02

Morning Insight 27 May 2020 SA
Published on 27 May 2020 at 07:41

US Opening Bell 26 May 2020 SA
Published on 26 May 2020 at 13:01

Vanilla Auction: 26 May 2020 SA
Published on 26 May 2020 at 12:46

Africa Insight 26 May 2020
Published on 26 May 2020 at 08:32

Morning Insight 26 May 2020 SA
Published on 26 May 2020 at 07:50

ETM Africa Weekly Snapshot: 25-29 May 2020
Published on 25 May 2020 at 16:01

US Opening Bell 25 May 2020 SA
Published on 25 May 2020 at 13:04

Africa Insight 25 May 2020
Published on 25 May 2020 at 08:29

Morning Insight 25 May 2020 SA
Published on 25 May 2020 at 07:48

ILB Auction 22 May SA
Published on 22 May 2020 at 13:07

US Opening Bell 22 May 2020 SA
Published on 22 May 2020 at 12:58

Oil prices fall sharply this morning on China recovery fears SA
Published on 22 May 2020 at 08:46

Africa Insight 22 May 2020
Published on 22 May 2020 at 08:24

Morning Insight 22 May 2020 SA
Published on 22 May 2020 at 07:41

US Opening Bell 21 May 2020 SA
Published on 21 May 2020 at 13:25

Morning Insight 21 May 2020 SA
Published on 21 May 2020 at 08:44

Africa Insight 21 May 2020
Published on 21 May 2020 at 08:01

US Opening Bell 20 May 2020 SA
Published on 20 May 2020 at 13:03

Africa Insight 20 May 2020
Published on 20 May 2020 at 08:26

Morning Insight 20 May 2020 SA
Published on 20 May 2020 at 08:00

US Opening Bell 19 May 2020 SA
Published on 19 May 2020 at 12:54

Economics

Economic Calendar: Jun 01 - 05 SA
Published on 29 May 2020 at 17:00

ZA Data Watch - April Monthly Budget Balance SA
Published on 29 May 2020 at 14:44

ZA DATA - April Trade Balance SA
Published on 29 May 2020 at 14:41

ZA Data - April M3 & PSCE SA
Published on 29 May 2020 at 08:24

ZA Data Watch - March Producer Price Inflation SA
Published on 28 May 2020 at 12:11

ZA Data – March SARB leading indicator SA
Published on 26 May 2020 at 09:35

Economic Calendar: May 25 - 29 SA
Published on 22 May 2020 at 17:00

SARB Review - Repo rate cut to a multi-decade low of 3.75% as the Covid lockdown bites SA
Published on 21 May 2020 at 17:00

ZA DATA - February Retail Sales SA
Published on 20 May 2020 at 13:43

ZA Data - Manufacturing production Feb SA
Published on 19 May 2020 at 13:16

ZA Data Watch - February Mining Production SA
Published on 19 May 2020 at 12:03

Economic Calendar: May 18 - 22 SA
Published on 15 May 2020 at 17:00

Economic Calendar: May 11 - 15 SA
Published on 8 May 2020 at 17:00

ZA Data Watch - April Gross and Net Reserves SA
Published on 8 May 2020 at 08:31

ZA DATA - April NAAMSA Vehicle Sales SA
Published on 4 May 2020 at 16:11

ZA Data Watch - April Absa Manufacturing PMI SA
Published on 4 May 2020 at 11:38

Economic Calendar: May 04 - 08 SA
Published on 1 May 2020 at 17:00

ZA Data Watch - March Trade Balance SA
Published on 30 Apr 2020 at 14:44

ZA Data - March Budget Balance SA
Published on 30 Apr 2020 at 14:26

ZA DATA - March M3 Money supply and PSCE SA
Published on 30 Apr 2020 at 08:49

Economic Calendar: Apr 27 - May 01 SA
Published on 24 Apr 2020 at 17:00

ZA Data Watch – March CPI SA
Published on 22 Apr 2020 at 10:41

ZA Data Watch - Feb SARB Leading Indicator SA
Published on 21 Apr 2020 at 09:35

Economic Calendar: Apr 20 - 24 SA
Published on 17 Apr 2020 at 17:00

Economic Calendar: Apr 13 - 17 SA
Published on 9 Apr 2020 at 17:00

ZA DATA - March SACCI BCI SA
Published on 8 Apr 2020 at 12:07

ZA DATA - March Gross and net reserves SA
Published on 7 Apr 2020 at 08:46

Economic Calendar: Apr 06 - 10 SA
Published on 3 Apr 2020 at 17:00

ZA Data Watch - March Standard Bank PMI SA
Published on 3 Apr 2020 at 09:44

ZA Data - March Vehicle Sales SA
Published on 1 Apr 2020 at 14:54

Quant Analytics

ZAR Sentiment Indicator SA
Published on 27 May 2020 at 15:47

ZAR Resilience Framework: Cross Section SA
Published on 13 May 2020 at 14:50

ZAR Sentiment Indicator SA
Published on 7 May 2020 at 16:58

ZAR Sentiment Indicator SA
Published on 14 Apr 2020 at 16:24

Carry attractiveness framework points to emerging ZAR value SA
Published on 6 Apr 2020 at 15:17

ZAR Sentiment Indicator SA
Published on 30 Mar 2020 at 15:32

ZAR Resilience Framework: Cross Section SA
Published on 16 Mar 2020 at 14:32

ZAR Sentiment Indicator SA
Published on 9 Mar 2020 at 15:29

ZAR Resilience Framework: Fiscal Risks SA
Published on 25 Feb 2020 at 14:01

ZAR Resilience Framework: Monetary Rectitude SA
Published on 20 Feb 2020 at 13:26

ZAR Resilience Framework: Subcomponent rankings SA
Published on 13 Feb 2020 at 14:09

ZAR Sentiment Indicator SA
Published on 10 Feb 2020 at 15:00

ZAR Resilience Framework: Trade Fundamentals SA
Published on 28 Jan 2020 at 14:29

ZAR Resilience Framework: Fiscal Risks SA
Published on 23 Jan 2020 at 14:32

ZAR Sentiment Indicator SA
Published on 21 Jan 2020 at 11:48

ZAR Monetary Rectitude SA
Published on 16 Jan 2020 at 13:39

ZAR Resilience and sub-components SA
Published on 13 Jan 2020 at 13:33

ZAR Carry Attractiveness vs EM Average SA
Published on 8 Jan 2020 at 13:08

ZAR Sentiment Indicator SA
Published on 6 Jan 2020 at 10:46

Resilience Cross Section Table SA
Published on 11 Dec 2019 at 11:27

ZAR resilience and sub-components SA
Published on 10 Dec 2019 at 11:34

ZAR Sentiment Indicator SA
Published on 9 Dec 2019 at 11:24

ZAR Sentiment Indicator SA
Published on 2 Dec 2019 at 14:54

ZAR Monetary Rectitude SA
Published on 15 Nov 2019 at 12:59

ZAR Fiscal Risk SA
Published on 13 Nov 2019 at 11:14

ZAR Fundamental Components SA
Published on 12 Nov 2019 at 11:38

ZAR Sentiment Indicator SA
Published on 11 Nov 2019 at 09:00

ZAR Carry Attractiveness vs EM Average SA
Published on 7 Nov 2019 at 14:19

ZAR Resilience and sub-components SA
Published on 6 Nov 2019 at 12:52

ZAR Sentiment Indicator SA
Published on 5 Nov 2019 at 13:56