Market Overview Opinion & Analysis

MPC Hikes Rates as Global Financial Conditions Tighten

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...

  • First National Bank
  •  sizes=

    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...

    • FocusEconomics
  •  sizes=

    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....

    • Vestact
  •  sizes=

    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...

    • Kearabilwe Nonyana
  •  sizes=

    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%...

    • Shaun Murison
  •  sizes=

    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...

    • Adriaan Pask
  •  sizes=

    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...

    • Kearabilwe Nonyana
  •  sizes=

    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...

    • Vestact
  •  sizes=

    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...

    • Adriaan Pask
  • © Reuters.  sizes=

    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...

    • Kearabilwe Nonyana
  •  sizes=

    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...

    • Vestact
  •  sizes=

    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...

    • Vestact
  •  sizes=

    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...

    • Adriaan Pask
  •  sizes=

    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...

    • Anchor