The Pound’s Pause Before Dive
The British Pound has spent the past week in a tight 500 pip range but has mostly traded around the 1.2620 level. Attempts by...
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
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 has come in slightly weaker than expected, but this does not significantly bring the rate cut date any nearer.
The CPI rose by...
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
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 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 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 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 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
The Dollar Index is giving up positions painfully slowly. It is under pressure for the ninth session in a row, but at the same...
