Why does this matter to me?

Global equity markets rose last week amid easing inflation fears from US tariffs and renewed hopes for a Russia-Ukraine settlement. Locally, optimism that the GNU would pass the 2025/26 Budget at the third attempt boosted sentiment. Comments from the Deputy Finance Minister on potential changes to the inflation target, combined with S&P’s positive credit outlook, supported Rand strength, now at a seven-month high. Further gains may follow on Budget progress and possible talks between Ramaphosa and Trump.