FX Wake Up Call 21 Aug ’24
Yesterday, the June print of the South African Reserve Bank’s (SARB) leading indicator was released and came in slightly softer. […]
Yesterday, the June print of the South African Reserve Bank’s (SARB) leading indicator was released and came in slightly softer. […]
Today, the June print of the South African Reserve Bank’s (SARB’s) leading indicator is scheduled for release. The leading indicator
In local political news, South Africa’s newly formed government is set to debate a proposal for Eskom to raise electricity
The USD-ZAR extended its slide. The local unit has taken heart from the improvement in risk appetite and indications that
Benign inflation figures in both the US and the UK and data on economic activity in these countries encourage the
On the international front, US retail sales data for July was released yesterday. Although the market was positioned for an
The June print of South African retail sales was released on Wednesday. The sales growth surged to 4.1% y/y to
Yesterday, the first of this week’s macroeconomic data was released, but disappointed and highlighted weakness in the South African economy.