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 [...]
Today we are taking a look at: Risk-off hampers EM FX, with ZAR above R14.50/$, bonds follow suit, with yields higher over the day Rand under pressure ahead of NFP data Oil headed for its first back-to-back weekly loss this year as swelling U.S. crude inventories and Russia’s failure to meet a targeted production cut [...]
Today we are taking a look at: SA bonds yields rally on support from offshore flows, despite Eskom noise USDZAR holds steady WTI held losses below $53 a barrel as outlook for global economic growth darkened with signs of rising U.S. crude inventories Global growth and US-China trade concerns continue to weigh on markets. US [...]