Currency Weekly : 04 April ’25
Key points: • The overvalued USD is correcting lower (DXY down ~5% YTD), driven by a stronger EUR and Trump’s […]
Key points: • The overvalued USD is correcting lower (DXY down ~5% YTD), driven by a stronger EUR and Trump’s […]
Stock markets are plummeting as the Trump administration’s poorly conceived tariff strategy backfires, potentially sparking one of the most severe
Why does this matter to me? We warned clients earlier this week that the Rand faced weakness due to a
Yesterday was a chaotic day for markets, to say the least. A glance at the ZAR’s performance and the bond
Why does this matter to me? The Rand depreciated after news broke that the ANC secured Action SA’s support for
The Standing Committee on Finance has reportedly adopted the fiscal framework, albeit with “recommendations”. This implies that the budget looks
Domestic new vehicle sales grew by an impressive +12.5% y/y in March from +7.3% y/y in February. March’s print marks
What happened The Absa manufacturing PMI improved but remained in contractionary territory for a fifth consecutive month in March. The
Today, the local data card will be headlined by the Absa manufacturing PMI numbers for March. Recall that the index
What happened? The South African trade balance moved back into a surplus of +R20.9bn in February after January saw the