Vehicle Sales – Jan ’25
South African vehicle sales grew by an encouraging +10.4% y/y in January 2025 from +2.5% y/y in December.
FX Wake Up Call 05 Feb ’25
President Ramaphosa was in damage-control mode this week, reportedly meeting with Elon Musk and a Trump aide to clarify exactly
FX Wake Up Call 04 Feb ’25
US President Trump is leveraging tariffs as a strategic tool to pressure trade partners into swift concessions. Overnight reports indicate
Financial Markets: 03 Feb ’25
The ZAR is starting the week firmly on the defensive and trading back above the 19.0000 handle this morning. The
PMI – Jan ’25
The Absa manufacturing PMI moved further into sub-50 territory for a third consecutive month in January, with a reading of
Tariffs and SONA in focus
In the worst-case scenario, if tariffs are imposed across the board, the Rand could weaken to R21 per Dollar, reversing
Recap & Outlook : 03 Feb ’25
Recap & Outlook is a single report focused on the key developments of the week that was and the week
FX Wake Up Call 03 Feb ’25
The big news rattling markets at the start of the new week is that President Donald Trump signed orders imposing
Currency Weekly : 31 Jan ’25
The USD remains strong despite a slight pullback recently, driven by Trump’s policy proposals, European risks, and a resilient US
FX Wake Up Call 31 Jan ’25
The SARB delivered its third consecutive interest rate cut at the January MPC meeting yesterday, reducing the repo rate further