SA economy under strain as MPC opts for modest repo-rate cut

[Katja Hamilton] The MPC cut South Africa's repo rate by 25 basis points to 8%, citing inflation risks, geopolitical uncertainty, and weak investment...

Fed cuts by 50bps but with a less dovish outlook

[Andre Cilliers] The Fed cut rates by 50bps, weakening the dollar initially, but Powell’s comments on limited future cuts led to a dollar recovery...

Former minister Pravin Gordhan's health crisis intensifies

[Katja Hamilton] Former minister Pravin Gordhan has been hospitalised, with his family requesting privacy. His declining health led to his planned political retirement post-2024 elections...

What could SA's upcoming interest rate cut mean for people moving money internationally?

[Harry Scherzer] On 18 September, South Africa's first interest-rate cut since Covid-19 could impact the rand and international money transfers, affecting investors and consumers...

Canadian trade tariffs weigh on Chinese and commodity markets

[Andre Cilliers] Canadian tariffs on Chinese goods impact Chinese and commodity markets; dollar rebounds amid Middle East tensions...

Currencies stabilise as stock markets recover

[Andre Cilliers] BOJ’s Uchida’s comment led to global stock market recovery and currency market calm. Nikkei up 3%, yen weakens, rand strengthens

Volatility likely to persist following global currency turmoil, SA investors warn

[Katja Hamilton] Dollar recovers ground, yen steadies as currency market frenzy eases...

US data takes focus, People's Bank of China cuts rates, yen firms

[Andre Cilliers] Asian stocks fell after the PBoC's surprise rate cut, impacting global markets. Commodities and currencies like the rand struggled...

Market inertia as traders track US political developments

[Andre Cilliers] The uncertain US political landscape and inflation concerns have kept markets flat. Traders await inflation data for rate-cut hints.

Trump accepts Republican nomination, dollar gains capped by rate cut bets

[Andre Cilliers] Donald Trump accepted the GOP nomination, boosting the Dollar but capping gains due to rate cut bets...

The MPC has held the repo rate steady - now what?

[Katja Hamilton] South Africans' hopes were shattered as the MPC kept the repo rate at 8.25% and the prime lending rate at 11.75%. The decision, influenced by four members favoring an unchanged stance and two preferring a 25 basis point cut, has resulted in significant property market value erosion.

Trump assassination attempt and weak Chinese growth data boost the dollar

[Andre Cilliers] Safe-haven demand and weaker Chinese GDP boost the dollar, reversing losses. Trump still expected at the Republican convention...

Shooting may boost Trump’s chances in the US presidential race, say investors

[Katja Hamilton] Markets are poised to react strongly to the assassination attempt on Donald Trump, betting on his increased chances of winning the White House. The incident has left his supporters in shock...

Some GNU scepticism and weaker EMs weigh on rand

[Andre Cilliers] The Rand weakened to R18.39 due to 'buy the rumour, sell the fact'. A firmer Dollar and softer EM currencies contributed...

Dollar strengthens ahead of key inflation data and EU uncertainty

[Andre Cilliers] Currency strategist Andre Cilliers notes the DXY up at 105.67, Euro pressured by French elections, and markets await US PCE inflation data...

No surprises here: Sarb's MPC holds rates steady

[Raymond Parsons] The Sarb's MPC kept interest rates unchanged for the sixth time this year, predicting balanced inflation risks and maintaining a 1.2% GDP growth forecast for 2024...

Rand retreats as coalition dynamics spook investors

[Andre Cilliers] The rand weakened 1.8% due to ANC coalition fears, trading at 18.81 per dollar, 20.35 per euro, and 23.94 per pound...

Dubai bounces back: Arabian Travel Market spotlights surging visitor numbers

[Katja Hamilton] Katja Hamilton reports from the Arabian Travel Market...

Risk sentiment soars on rising Middle East tensions and US rate cut concerns

[Andre Cilliers] Middle East tensions and US rate cut fears drive risk sentiment up, prompting investors to seek safe-havens like Dollar and Gold.

Nervous markets as Middle East tension rises

[Andre Cilliers] Markets tense following Iran's attack on Israel Dollar steady, bond yields up...