MPC Hikes Rates as Global Financial Conditions Tighten
After raising rates by 25 basis points in November, the Monetary Policy Committee (MPC) raised rates by another 25 basis points at their first meeting for 2022. We delve into the thinking...
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South Africa Economic Outlook
Outlook moderates Incoming data for Q4 suggests that the economy regained momentum following Q3’s setback. In November, retail sales returned to growth in monthly terms, as did manufacturing...
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Made In Texas
Market Scorecard Yesterday, US markets fell after yet another frenzied session. The Nasdaq was up as much as 3% halfway through the trading session but gave up those gains to close down....
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Market Overview: Nedbank, RMB, AstraZeneca, Delta Property Fund
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday, pulled down by losses in mining sector stocks and after the US Federal Reserve (Fed) warned of an interest rate...
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Global Markets Mixed After Central Bank Decisions This Week
Global markets were mixed on Thursday as investors continued to digest the latest comments made by key central banks. In South Africa, the local bourse fell slightly to 0.40% after the South...
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Think Daily: Crude oil, Nikkei, Gold
In Wednesday’s trading session in the local markets, the Top 40 closed the day up by 2.27%. The Resources 10 sector went up by 3.25%, the Financial 15 went up by 0.85%, the Industrial...
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Rand Trades Weaker Post SARB Interest Rate Hike
Local lending rates rise The South African Reserve Bank (SARB) has raised the repurchase rate (repo) by 0.25% from 3.75% to 4%. This takes the prime lending rate in South Africa to 7.5%...
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Market Review: Shell, Nedbank Group, Absa, BHP Group
SOUTH AFRICA MARKET REVIEW South African markets closed in the green yesterday, on prospects that the US Federal Reserve (Fed) would increase its interest rate as expected, amid persistent...
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High Commodity Prices Boost Local Bourse
Higher commodity prices continued to support the FTSE/JSE All Share Index on Wednesday. Brent crude was trading above $90 a barrel at 18h30 due to concerns of possible oil supply disruptions...
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Think Daily - 26 January 2022
In Tuesday’s trading session in the local markets, the Top 40 closed the day up by 0.33%. The Resources 10 sector went up by 1.96%, the Financial 15 went up by 0.59%, the Industrial 25 went...
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Dividends & Dividends
Market ScorecardYesterday, US markets endured another very volatile trading day and ended down. The S&P 500 staged a lunch-time recovery, turning green for a moment and erasing a 3% drop...
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Market Review, Corporate Updates, Commodities & Currencies - 26.01.22
South Africa Market Review South African markets closed in the green yesterday, buoyed by broad based gains in mining sector stocks. Platinum mining companies, Anglo American Platinum...
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All Eyes on Fed Interest Rate Decision Tonight
Investors will eye the announcement from the US Federal Reserve (Fed) tonight to discern how aggressively this central bank will hike interest rates this year. The Fed’s latest dot...
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Back To the Future As 2021Q3 Employment Numbers Feel Pressure From July Unrest
July 2021 unrest took a toll on thirdquarter employment in KwaZulu-Natal and GautengStatistics South Africa (Stats SA) recorded the liquidation of 982 companies and 828 close corporations...
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Market Updates: Arrowhead Properties, Anglo American, Unilever
SOUTH AFRICA MARKET REVIEW South African markets closed in the red yesterday, following concerns about a hike in the key interest rate by the US Federal Reserve (Fed) and Russia-Ukraine...
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Global Markets Slide on Rate Hike Concerns and Geopolitical Tensions
Global stock markets bled on Monday as concerns over interest rate hikes, poor PMI data and the possibility of a Russian attack on the Ukraine dampened risk sentiment. The local bourse...
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Think Daily: Apple, Rand, Microsoft
In Friday’s trading session in the local markets, the Top 40 closed the day down by 2.01%. The Resources 10 sector went down by 2.93%, the Financial 15 went down by 0.23%, the...
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Always Balanced, Mostly Cheerful
Market Scorecard All three major US indexes closed down for a third consecutive week last Friday. The S&P 500 has had its worst period of weakness since March 2020, and the tech-heavy...
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Fed Watch: Growing Concern About Inflation Pressures Policymakers To Act Quickly
The world is waiting with bated breath for the Federal Reserve policy meeting this week as investors remain alarmed about inflation not only in the US but around the globe. The Federal Open...
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Week Ahead: 4 Factors – Fed Policy, GDP, Earnings, Inflation – To Add Volatility
Uncertainty remains after equity investors cashed out last week Earnings season gets into full swing including about half the Dow 30 companies reporting Key economic data to be released...
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A Rotation Out of Technology Stocks, Weak Netflix Numbers Weigh On Wall Street
Wall Street ended on a sombre note as Netflix (NASDAQ:NFLX) shares lost over 20% following the release of a disappointing earnings report on Friday, capping a rough week for stocks that saw...
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Lord Of The Content
Market Scorecard US markets fell again yesterday, after another late-day reversal, amid wobbly earnings announcements. The Nasdaq fell more than 3% from its intra-day high, and is now nearly...
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Oil Prices Higher Amid Strong Demand
Oil prices settled higher on Thursday, boosted by short-term supply disruptions and strong demand despite an increase in US crude inventories. Brent crude futures were up by 1.29%, trading...
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Richemont Releases Strong 3Q22 Trading Update
Richemont (JO:CFRJ) released an incredibly strong 3Q22 trading update (for the quarter ended 31 December 2021) on Wednesday (19 January), with sales jumping by 35% YoY – a solid beat...
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Richemont Share Price Jumps After Strong Q3 Sales Data
Richemont (JO:CFRJ) has posted a strong Q3 2022 update for the quarter ending 31 December 2021. Sales growth for the group (at actual exchange rates) jumped by 35% against the prior...
