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Fed's favourite indicator confirms slowing inflation trajectory

Fed’s favourite indicator confirms slowing inflation trajectory

Friday's market focus was on US household income and spending data and the Personal Consumption Expenditures Index (PCE), the Fed's preferred measure of inflation. Core...

Navigating the twin challenges facing SA’s renewable energy programme

South Africa has taken great strides in deploying private sector capital into renewable energy projects, giving the country its best chance at improving energy...
Dollar Index: Some bullish bias before FOMC

Dollar Index: Some bullish bias before FOMC

The FOMC meeting is the main event of the day on Wall Street and can set the market mood for weeks to come, as...
UK inflation sets up a marathon for BoE

UK inflation sets up a marathon for BoE

UK inflation has come in slightly weaker than expected, but this does not significantly bring the rate cut date any nearer. The CPI rose by...
Tijan Oberholzer, Director, Touch Down Group

The sky’s the limit for domestic and inbound tourism

South Africa’s fiscal crisis, in an environment of rising interest rates, soaring food, fuel and energy prices, plus high levels of unemployment, is likely...
Rising incomes and slowing inflation in the US support the markets

Rising incomes and slowing inflation in the US support the markets

This week, the markets were mostly looking forward to the release of the US personal income and spending data, with a focus on the...
America is stockpiling oil, but prices are stuck

America is stockpiling oil, but prices are stuck

America continues to build up its oil reserves, albeit at a relatively slow pace and from a low base. Last week, commercial oil inventories...
The Kiwi Dollar flies down

The Kiwi Dollar flies down

The New Zealand Dollar is down 1.2% since the start of the day on Wednesday due to disappointment with the RBNZ's actions and comments....
Japanese yen benefits from hopes of change in the BoJ approach

Japanese yen benefits from hopes of change in the BoJ approach

Japanese consumer inflation slowed from 2.6% y/y to 2.2% y/y in January. The data was slightly higher than the expected 2.1%, providing temporary support...
US durable goods orders slumped

US durable goods orders slumped

US durable goods orders decreased 6.1% in January after falling 0.3%. The cost of total orders in January was the lowest since September 2022,...
Time for the dollar to choose a trend

Time for the dollar to choose a trend

The Dollar Index is giving up positions painfully slowly. It is under pressure for the ninth session in a row, but at the same...
Disappointing German manufacturing halted the Euro's flight

Disappointing German manufacturing halted the Euro’s flight

Mixed PMI data from various Euro area countries led to a surge in volatility for European currency pairs on Thursday morning. Preliminary estimates for France...