South Africa's inflation rate fell to 3% in April from 4.1% in March. This is the lowest reading in almost 15 years as the country went into its most severe period of lockdown when only essential goods and services were available. Business Day TV discussed the print in detail with Walter de Wet from Nedbank [...]
Disclaimer –The views and observations in this report represent the analyst’s own and not the Nedbank Group house view. NedbankGroup house view forecasts are available in the appendix. Lockdown measures ease, stimulus begins to flow and risk appetite improves IMF's WORLD ECONOMIC OUTLOOK In its latest update, the IMF’s World Economic Outlook report painted a [...]
Consumer price inflation increased by 4.5% year-on-year in January 2020. And while this is up from December's 4% year-on-year increase and its highest up-tick in seven months, it still marks the fourteenth consecutive month that year-on-year inflation was at, or below the midpoint of the target band of 3-6%. Reezwana Sumad, of Nedbank CIB shares [...]
Reezwana Sumad from Nedbank CIB talks to Business Day TV about SA's latest inflation print. https://www.youtube.com/watch?v=sRIHSLJ03b8 In partnership with Business Day TV. You have shown interest in this video, you might find Markets and Research relevant as well.
Inflation has dropped to an 8 year low but will this be enough to prompt the SARB to cut interest rates? Business Day TV spoke to Reezwana Sumad from Nedbank CIB to find out. https://www.youtube.com/watch?v=4M1hquhu3mM In partnership with Business Day TV. You have shown interest in this video, you might find Markets and Research relevant [...]
Today we are taking a look at: · The Fed out-doves the market and risk assets rally hard. SAGBs opening stronger, focus will be on the SONA tonight · The dollar is on the back foot after dovish Fed commentary, this takes the rand to the strongest level in two months · Oil rose as U.S. crude stockpiles [...]