• 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

Clarity

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

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

Intraday Comments

Global FX Update | USD kicks off the new week on the offensive
Published on 18 Jan 2021 at 09:18

Global Equity Update | Asian stocks down as markets take a breather SA
Published on 18 Jan 2021 at 09:06

Oil extends its decline at the start of the new week SA
Published on 18 Jan 2021 at 09:00

ZA Fixed Income: 18 Jan 2021 SA
Published on 18 Jan 2021 at 07:59

ZAR Insight: 18 January 2021 SA
Published on 18 Jan 2021 at 07:53

ZAR Technicals SA
Published on 18 Jan 2021 at 06:59

Precious and Base Metals Update SA
Published on 18 Jan 2021 at 06:53

President Ramaphosa squashes hopes for more fiscal stimulus SA
Published on 15 Jan 2021 at 13:09

Cancelled investments continue to pile up, denting recovery outlook SA
Published on 15 Jan 2021 at 12:15

Global FX Update | USD shrugs off political developments and remains rangebound
Published on 15 Jan 2021 at 09:59

Global Equity Update | Asian stocks take a breather over US stimulus concerns SA
Published on 15 Jan 2021 at 09:08

Despite selling off this morning, oil remains buoyed near 10-month high SA
Published on 15 Jan 2021 at 09:07

Precious and Base Metals Update SA
Published on 15 Jan 2021 at 08:45

ZAR Insight: 15 Jan 2021 SA
Published on 15 Jan 2021 at 08:00

ZA Fixed Income: 15 Jan 2021 SA
Published on 15 Jan 2021 at 07:58

ZAR Technicals SA
Published on 15 Jan 2021 at 06:50

EUR traders on edge given Italian risks, looming Fed meeting SA
Published on 14 Jan 2021 at 11:46

Repo rate to remain at a record low in 2021 – Reuters Poll SA
Published on 14 Jan 2021 at 11:23

Global FX Update | USD struggles to gain traction amid structural headwinds in play
Published on 14 Jan 2021 at 09:36

Global Equity Update | Asian shares rise with Biden's stimulus plan in focus SA
Published on 14 Jan 2021 at 09:00

Rally in oil appears to be losing steam SA
Published on 14 Jan 2021 at 08:43

Precious and Base Metals Update SA
Published on 14 Jan 2021 at 08:16

ZAR Insight: 14 Jan 2021 SA
Published on 14 Jan 2021 at 07:56

ZA Fixed Income: 14 Jan 2021 SA
Published on 14 Jan 2021 at 07:55

ZAR Technicals SA
Published on 14 Jan 2021 at 07:04

Modest bid tone in SAGB market SA
Published on 13 Jan 2021 at 13:18

Market tempers bets on further SARB easing SA
Published on 13 Jan 2021 at 10:49

Global FX Update | USD halts rally as sentiment improves
Published on 13 Jan 2021 at 09:40

Global Equity Update | Asian stocks target record close on economic recovery, US stimulus hopes SA
Published on 13 Jan 2021 at 09:21

Brent crude breaches $57/bbl for the first time since February 2020 SA
Published on 13 Jan 2021 at 08:50

Viewpoints

FX Service | Valuation: Jan 2021 SA
Published on 15 Jan 2021 at 16:33

FX Service | Weekly CFTC SA
Published on 14 Jan 2021 at 14:16

FX Service | ZAR Sentiment: Dec 2020 SA
Published on 23 Dec 2020 at 13:45

FX Service | Carry Attractiveness SA
Published on 17 Dec 2020 at 14:49

Viewpoint - Outlook for oil still fragile despite vaccine rollout SA
Published on 15 Dec 2020 at 14:02

FX Service | Monthly Dashboard Update SA
Published on 10 Dec 2020 at 16:58

FX Service | Weekly CFTC SA
Published on 10 Dec 2020 at 16:19

FX Service | Weekly CFTC SA
Published on 3 Dec 2020 at 16:19

FX Service | Weekly CFTC SA
Published on 26 Nov 2020 at 16:00

FX Service | ZAR Sentiment Assessment: 25 Nov SA
Published on 25 Nov 2020 at 15:45

Viewpoint - Europe's Lockdown Stringency and Economic Fallout SA
Published on 24 Nov 2020 at 17:01

KES Resilience Tool: A quantitative assessment
Published on 20 Nov 2020 at 15:31

FX Service | Valuation: 19 Nov SA
Published on 19 Nov 2020 at 16:35

Podcast -JSE inward listing update, SA rates, and the US election | November 2020 SA
Published on 18 Nov 2020 at 14:27

FX Service | Weekly Techs USD-ZAR SA
Published on 16 Nov 2020 at 17:48

ETM Tech Report EUR-USD SA
Published on 16 Nov 2020 at 07:33

ETM Tech Report: DXY SA
Published on 14 Nov 2020 at 11:05

FX Service | Viewpoint: 13 Nov 2020 SA
Published on 13 Nov 2020 at 13:47

FX Service | Weekly CFTC SA
Published on 12 Nov 2020 at 15:16

Sub-Saharan Africa Fiscal Overview
Published on 11 Nov 2020 at 10:26

FX Service | Weekly Techs USD-ZAR SA
Published on 9 Nov 2020 at 18:10

ETM Tech Report EUR-USD SA
Published on 9 Nov 2020 at 08:03

ETM Tech Report: DXY SA
Published on 7 Nov 2020 at 12:36

FX Service | Weekly CFTC SA
Published on 5 Nov 2020 at 13:35

FX Service | Weekly Techs USD-ZAR SA
Published on 2 Nov 2020 at 17:52

ETM Tech Report EUR-USD SA
Published on 2 Nov 2020 at 07:48

ETM Tech Report: DXY SA
Published on 31 Oct 2020 at 11:03

FX Service | Weekly CFTC SA
Published on 29 Oct 2020 at 14:19

MTBPS Review: October 2020 SA
Published on 28 Oct 2020 at 19:45

FX Service | Weekly Techs USD-ZAR SA
Published on 26 Oct 2020 at 17:49

Financial Markets

Africa Insight 18 January 2021
Published on 18 Jan 2021 at 08:18

Morning Insight 18 January 2021 SA
Published on 18 Jan 2021 at 07:55

West/North Africa Weekly Report: 11 - 22 January 2021
Published on 15 Jan 2021 at 20:59

ILB Auction 15 January SA
Published on 15 Jan 2021 at 12:34

Africa Insight 15 January 2021
Published on 15 Jan 2021 at 08:31

Morning Insight 15 January 2021 SA
Published on 15 Jan 2021 at 08:08

Morning Insight 14 January 2021 SA
Published on 14 Jan 2021 at 08:01

Africa Insight 14 January 2021
Published on 14 Jan 2021 at 07:49

Africa Insight 13 January 2021
Published on 13 Jan 2021 at 08:14

Morning Insight 13 January 2021 SA
Published on 13 Jan 2021 at 08:05

Vanilla Auction: 12 January 2021 SA
Published on 12 Jan 2021 at 13:01

Africa Insight 12 January 2021
Published on 12 Jan 2021 at 08:13

Morning Insight 12 January 2021 SA
Published on 12 Jan 2021 at 08:05

Southern Africa Weekly Report: 11 January - 15 January SA
Published on 11 Jan 2021 at 13:56

Africa Insight 11 January 2021
Published on 11 Jan 2021 at 08:36

Morning Insight 11 January 2021 SA
Published on 11 Jan 2021 at 08:00

West/North Africa Weekly Report: 04 - 15 January 2021
Published on 8 Jan 2021 at 17:32

Africa Insight 8 January 2021
Published on 8 Jan 2021 at 08:11

Morning Insight 08 January 2021 SA
Published on 8 Jan 2021 at 07:51

Africa Insight 7 January 2021
Published on 7 Jan 2021 at 08:11

Morning Insight 07 January 2021 SA
Published on 7 Jan 2021 at 07:55

Morning Insight 06 January 2021 SA
Published on 6 Jan 2021 at 07:51

Africa Insight 6 January 2021
Published on 6 Jan 2021 at 07:44

East Africa Weekly: 4-8 January
Published on 5 Jan 2021 at 16:15

Africa Insight 5 January 2021
Published on 5 Jan 2021 at 08:18

Morning Insight 05 January 2021 SA
Published on 5 Jan 2021 at 07:51

Africa Insight 4 January 2021
Published on 4 Jan 2021 at 08:17

Morning Insight 04 January 2021 SA
Published on 4 Jan 2021 at 07:53

Africa Insight 24 December 2020
Published on 24 Dec 2020 at 08:19

Morning Insight 24 December 2020 SA
Published on 24 Dec 2020 at 08:00

Economics

Economic Calendar: 18 - 22 Jan SA
Published on 15 Jan 2021 at 17:00

ZA Data Watch - November Manufacturing Production SA
Published on 12 Jan 2021 at 13:41

Economic Calendar: 11 - 15 Jan SA
Published on 8 Jan 2021 at 17:00

ZA DATA - December Absa Manufacturing PMI SA
Published on 8 Jan 2021 at 11:30

ZA Data – December NAAMSA Vehicle sales SA
Published on 7 Jan 2021 at 15:54

ZA Data - Standard Bank PMI December SA
Published on 6 Jan 2021 at 09:38

Economic Calendar: 04 - 08 Jan SA
Published on 4 Jan 2021 at 09:33

Economic Calendar: 21 - 24 Dec SA
Published on 18 Dec 2020 at 17:00

ZA Data Watch - Q3 Non-farm Payrolls QES SA
Published on 15 Dec 2020 at 13:04

ZA Data – November PPI SA
Published on 15 Dec 2020 at 12:03

ZA DATA - October SARB Leading Indicator SA
Published on 15 Dec 2020 at 09:31

ZA Data - Q4 BER CCI SA
Published on 14 Dec 2020 at 10:15

Economic Calendar: 14 - 18 Dec SA
Published on 11 Dec 2020 at 17:00

ZA Data - Manufacturing Production October SA
Published on 10 Dec 2020 at 12:47

ZA Data Watch - October Mining Production SA
Published on 10 Dec 2020 at 11:37

ZA Data - Q3 Current account balance SA
Published on 10 Dec 2020 at 11:36

ZA Data – October Retail Sales SA
Published on 9 Dec 2020 at 13:37

ZA Data – November SACCI Business Confidence SA
Published on 9 Dec 2020 at 12:00

ZA Data Watch - November CPI SA
Published on 9 Dec 2020 at 10:38

ZA Data Watch - Q3 GDP SA
Published on 8 Dec 2020 at 11:32

ZA Data - November Gross & net reserves SA
Published on 7 Dec 2020 at 08:18

Economic Calendar: Dec 07 - 11 SA
Published on 4 Dec 2020 at 17:00

ZA Data Watch - November Standard Bank PMI SA
Published on 3 Dec 2020 at 09:49

ZA DATA - November NAAMSA Vehicle Sales SA
Published on 1 Dec 2020 at 15:11

ZA Data Watch - November Absa Manufacturing PMI SA
Published on 1 Dec 2020 at 11:31

ZA Data Watch - October Monthly Budget Balance SA
Published on 30 Nov 2020 at 14:52

ZA DATA - October Trade Balance SA
Published on 30 Nov 2020 at 14:27

ZA DATA - October Money Supply & PSCE SA
Published on 30 Nov 2020 at 08:34

Economic Calendar: Nov 30 - Dec 04 SA
Published on 27 Nov 2020 at 17:00

ZA Data Watch - October PPI SA
Published on 26 Nov 2020 at 12:08

Quant Analytics

ZAR Carry Attractiveness vs EM and DM averages SA
Published on 10 Dec 2020 at 17:42

ZAR Resilience Framework: Monetary Rectitude SA
Published on 23 Nov 2020 at 16:58

ZAR Headline Resilience SA
Published on 28 Oct 2020 at 09:58

ZAR Sentiment Indicator SA
Published on 22 Oct 2020 at 15:34

ZAR Resilience Framework: Monetary Rectitude SA
Published on 23 Sep 2020 at 14:41

ZAR Sentiment Indicator SA
Published on 18 Sep 2020 at 14:29

ZAR Sentiment Indicator SA
Published on 25 Aug 2020 at 15:26

ZAR Resilience Framework: Monetary Rectitude SA
Published on 17 Aug 2020 at 11:08

ZAR Sentiment Indicator SA
Published on 5 Aug 2020 at 08:41

ZAR PPP valuation SA
Published on 20 Jul 2020 at 14:06

ZAR Carry Attractiveness SA
Published on 14 Jul 2020 at 16:53

ZAR Sentiment Indicator SA
Published on 29 Jun 2020 at 12:56

ZAR Resilience Framework: Fiscal Risks SA
Published on 23 Jun 2020 at 15:35

ZAR Resilience Framework: Cross Section SA
Published on 12 Jun 2020 at 14:10

ZAR Resilience Framework: Fundamentals SA
Published on 9 Jun 2020 at 15:22

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