Gross Reserves – Jul ’24
South Africa’s gross gold and foreign exchange reserves increased to $62.27bn in July from $62.10 in June. Similarly, net reserves […]
South Africa’s gross gold and foreign exchange reserves increased to $62.27bn in July from $62.10 in June. Similarly, net reserves […]
An unwinding of global carry trades has jolted higher-risk assets worldwide, and the ZAR has not been immune. Two factors
Rising financial market anxiety has reintroduced inflationary risks, which we assess will solidify a November, rather than September interest rate
At the end of last week, the Institute for Supply Management (ISM) reported that a measure of US manufacturing activity
Global stock markets experienced a terrible day on Friday. Global equities slumped in an August kick-off as US data spurred
Our theme of global economic slowdown is clearly playing out. That said, central banks are likely to respond aggressively to
Absa’s Purchasing Managers Index improved to 52.4 pts in July from 45.7 pts in June. July’s print exceeded the consensus
Total vehicle sales grew marginally in July, at +1.5% y/y compared to June’s notable contraction of -14.0% y/y. The latest
The Absa Purchasing Managers’ Index moved into expansionary territory in July, increasing to 52.4 points from 45.7 points in June.