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TreasuryOne Market Wrap – 9 May 2022
The rand traded at its highest point for the year, touching the R16.27 level. Dollar strength is the clear market trend.
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Cryptocurrency: Inflations’ power over consumers widens while the case for gaining exposure to cryptos grows
DeFi is a broad term for alternative financial systems and services which are built on top of blockchain technology. ne fundamental difference between traditional finance and Defi is that traditional finance is largely dependent on human resources.
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Do we take Central Bank guidance at face value?
Central banks use verbal guidance as a tool to prompt financial markets to adjust long before a policy-changing decision is taken and implemented.
