A strong current account surplus may not help Euro

A strong current account surplus may not help Euro

The eurozone's current account surplus climbed to a six-month high of 31.9bn in December. Analysts, on average, had expected a decline to 20.3 bn...
Orkla India announces the launch of its wholly-owned subsidiary in Dubai, solidifying its commitment to the Middle East

Orkla India announces the launch of its wholly-owned subsidiary in Dubai,...

Orkla India announces the expansion of its Middle East presence through the launch of its wholly-owned subsidiary, Orkla India - Middle East & Africa (Orkla IMEA)....
Jump in UK sales revives hopes of stagnation rather than recession

Jump in UK sales revives hopes of stagnation rather than recession

UK retail sales rose by 3.4% in January, mainly recovering from the previous month's dip but showing very high volatility. Last month's miss led...
Budget 2024: Pre-insight

Budget 2024: Pre-insight

The annual budget speech is, at the best of times, a statement of intent in which economic and fiscal prudence competes with political expedience....
Wine exports experienced an increase of ZAR 342 million

Wine exports experienced an increase of ZAR 342 million

In 2023, the product was mainly shipped to the United Kingdom, Namibia, and the United States. In the huge landscape of global economy, the wine...
From challenges to opportunities: The shifting tide of house price inflation in 2024

From challenges to opportunities: The shifting tide of house price inflation...

The residential property market in South Africa has been a landscape of constant change, and numerous challenges in recent years. However, some of the...
Eurozone Avoids Recession despite German Weakness

Eurozone Avoids Recession despite German Weakness

It’s not often that Europe produces better-than-expected economic data these days, and today was a rare exception. According to preliminary estimates, eurozone GDP was...
Growing the Economy is the Only way to Fix South Africa

Growing the Economy is the Only way to Fix South Africa

The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) wishes all its member a productive and prosperous 2024, which is likely to be another busy and challenging year,...
ECB dovish assurance hurts euro

ECB dovish assurance hurts euro

The European Central Bank left monetary policy unchanged, keeping the key rate at 4.5% since September. Much of the focus of the Q&A session...
The Dollar Index Balances Before Choosing This Year’s Trend

The Dollar Index Balances Before Choosing This Year’s Trend

The Dollar Index has found a balance around key technical levels in what looks like a consolidation before the start of a new medium-term...
Upbeat PMIs push GBPUSD back to the upper end of the range

Upbeat PMIs push GBPUSD back to the upper end of the...

In contrast to mainland Europe, UK PMIs markedly exceeded expectations, noting an overall increase in business activity. The manufacturing PMI rose to 47.3 in January...
European PMIs weaker than analysts’ forecasts but didn’t disappoint markets

European PMIs weaker than analysts’ forecasts but didn’t disappoint markets

Preliminary January PMIs for Germany showed a worsening of the situation contrary to the expected improvement. The composite PMI in January was at 47.1...