Rates. Like “The Big Short” rewind, SARB cut rates 25bps to 7% – the lowest since Nov 2022. Inflation. “Frozen” price pressures – June inflation rose slightly to 3.0%, remains at the lower end of the SARB’s target range. Consumer. SA food inflation rises 4.4%...
Dot. The SA economy grows at just 0.1% QoQ — surviving but not scoring. Bowled. US Dollar Index drops 10.8% YTD — its worst f irst half since 1973. Four SA food inflation rises 4.4% year on year — highest since March 2024.
Market and Economic Summary Global markets produced weak returns in October 2024 as global sentiment soured towards risk assets. Global equity markets initially started the month strongly with some reaching all-time highs. This upward momentum was short-lived, as...
Market and Economic Summary Global equity markets delivered mixed performance in July, as investors grappled with rapidly changing forward looking interest rate expectations from key economies, a slowing global economy (particularly in the US) and a reacceleration of...
