FX Wake Up Call 4 Oct ’24
All eyes will be on the US employment report data today, as investors try to gauge the extent of emerging […]
Viewpoint : Rise in US employment casts doubt on big rate cuts
US non-farm payrolls rose by 254,000 in September, far exceeding expectations, while the unemployment rate dropped to 4.1%, indicating stronger-than-expected
Viewpoint : Public sector wage challenge ahead of MTBPS
Business and financial sentiment in South Africa has improved following the formation of the Government of National Unity (GNU). However,
FX Wake Up Call 3 Oct ’24
Today’s local data card will be headlined by the S&P Global South Africa economy-wide PMI. The PMI is an important
FX Wake Up Call 2 Oct ’24
Headlining yesterday’s local data card, the Absa Purchasing Manager’s Index (PMI) rose to 52.8 points from 43.6 points in August.
Viewpoint : Longer-term view of the Rand
The Rand will likely remain at levels above what was seen last but will likely not recover to levels below
FX Wake Up Call 1 Oct ’24
Yesterday’s trade data showed South Africa’s trade surplus narrowed in August to R5.6bn from R17.1bn. As was the case in
Total Vehicle Sales – Sep ’24
Total vehicle sales contracted by -4.1% y/y in September, relatively unchanged from -4.9% y/y in August.
FX Wake Up Call 30 Sep ’24
Today will bring the usual end-of-month economic data deluge out of South Africa, with trade balance numbers for August headlining
