Viewpoint : Risk-on sentiment continues
Despite some upsets, the global economic backdrop and risk-on sentiment remain in South Africa’s favour.
Recap & Outlook : 14 Oct 2024
Recap & Outlook is a single report focused on the key developments of the week that was and the week
Viewpoint : Risk-on sentiment continues
Despite some upsets, the global economic backdrop and risk-on sentiment remain in South Africa’s favour.
Financial Markets : 14 Oct ’24
After what was shaping up to be a torrid week for the ZAR, last week closed out fairly close to
Currency Weekly : 11 Oct ’24
Interest rate expectations are shifting in the US. At the end of last week, US nonfarm payroll data exceeded expectations
FX Wake Up Call 11 Oct ’24
There was nothing particularly market-moving about yesterday’s local data releases, with mining output growing 0.3% y/y and manufacturing production contracting
FX Wake Up Call 10 Oct ’24
The minutes of the Fed’s September policy meeting contained a similar message as recent Fedspeak: upside risks to inflation have
Manufacturing Production – Aug ’24
Manufacturing production contracted by -1.2% y/y in August, from revised growth of +1.6% y/y in July. August’s outcome notably underperformed
Mining Production – Aug ’24
Mining production expanded marginally in August, at +0.3% y/y, beating consensus estimates of -1.3% y/y and improving from -1.0% y/y
PMI – Sep ’24
The Absa Purchasing Managers’ Index jumped back into expansionary territory, at 52.8 points, in September after falling to 43.6 points