Monday, December 23, 2024

Some positives for the rand to hold on to

The rand staged a recovery on the back of last week's interest rate hike, with all eyes now firmly on the Fed.

25 or 50, that is the question…

If growth wasn't a concern, a 50bps hike would be a certainty this week. Instead, the MPC has a delicate balancing act ahead, with the market likely to place emphasis on the tone of its statement.

Market update: currencies and commodities

Chinese retail sales data gave emerging markets currencies a knock.

Increased risk aversion as dollar strengthens further

Risk aversion sentiment continues, with a strengthening USD and a share drop in palladium in particular.

A rampant dollar and higher US Treasury yields are still impacting the gold price

The gold price is still being impacted by a strong dollar and higher US Treasury yields.

US inflation to the front, please

What could US inflation data mean for currencies and interest rate hikes?

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.

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.
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