South African Economy

PFS Market Sentiment Podcast – South Africa’s 15 Year Confidence Slump, Middle East Tensions Persists, Trump Wants FED to Cut Rates

💹 Major Currency Snapshot: USDZAR: 18.00EURZAR: 20.72GBPZAR: 24.22 Introduction: Exploring the intricate relationship between geopolitics, central bank actions, and global market dynamics. Delve into how escalating Middle East conflicts and U.S. trade policies influence central bank decisions, currency valuations, and commodity prices, while also examining the challenges of “de-dollarization” and South Africa’s enduring economic confidence […]

PFS Market Sentiment Podcast – South Africa’s 15 Year Confidence Slump, Middle East Tensions Persists, Trump Wants FED to Cut Rates Read More »

PFS Markit Sentiment Podcast – Middle East Tensions, SARB Keeping An Eye On Tensions, Emerging Market Asset Class Shines.

💹 Major Currency Snapshot: USDZAR: 17.82EURZAR: 20.60GBPZAR: 24.18 Introduction: Global financial markets are currently experiencing significant shifts driven by a resurgence in emerging market local currency bonds due to a weakening U.S. dollar and a global search for yield. Simultaneously, escalating geopolitical tensions in the Middle East are inducing widespread risk aversion and volatility in

PFS Markit Sentiment Podcast – Middle East Tensions, SARB Keeping An Eye On Tensions, Emerging Market Asset Class Shines. Read More »

PFS Market Sentiment Podcast – SA on A Fiscal Cliff, D Day For Fiscal Framework, US China Trade Framework, USD Still Down On Investor Nervousness

💹 Major Currency Snapshot: USDZAR: 17.72EURZAR: 20.23GBPZAR: 23.88 Introduction: Recent economic developments indicate a mixed global landscape, with a new framework agreed upon by U.S. and Chinese officials aimed at easing trade tensions and resolving export restrictions. Simultaneously, South Africa is grappling with a looming fiscal crisis characterized by a widening gap between economic growth

PFS Market Sentiment Podcast – SA on A Fiscal Cliff, D Day For Fiscal Framework, US China Trade Framework, USD Still Down On Investor Nervousness Read More »

PFS Market Sentiment Podcast – ZAR At Strongest Level in 6 Months, Weakening US Economic Data, All Eyes on US Nonfarm Payrolls

💹 Major Currency Snapshot: USDZAR: 17.77EURZAR: 20.30GBPZAR: 24.06 Introduction: Global markets are currently facing uncertainty stemming from recent weakening US economic data, which is fueling speculation about potential Federal Reserve rate cuts, and persistent trade tensions. A key focus for investors is the upcoming US nonfarm payrolls report, expected to provide insights into the labor

PFS Market Sentiment Podcast – ZAR At Strongest Level in 6 Months, Weakening US Economic Data, All Eyes on US Nonfarm Payrolls Read More »

PFS Market Sentiment Podcast – US Services Sector Contracted in May, Rally in SA Bonds, China and SA Economic Cooperation

💹 Major Currency Snapshot: USDZAR: 17.83EURZAR: 20.34GBPZAR: 24.16 Introduction: The provided sources offer insights into recent economic and financial developments across global markets and in South Africa. They highlight a weaker US dollar influenced by soft economic data and expectations of Federal Reserve rate cuts, while the European Central Bank is anticipated to cut its

PFS Market Sentiment Podcast – US Services Sector Contracted in May, Rally in SA Bonds, China and SA Economic Cooperation Read More »

PFS Market Sentiment Podcast – Current Inflation Target Might Hold SA Economy Back, 0.1% GDP Growth, Bearish Outlook on the USD, Metal Tariff Kicks In

💹 Major Currency Snapshot: USDZAR: 17.86EURZAR: 20.31GBPZAR: 24.14 Introduction: The sources reveal a dominant bearish sentiment on the U.S. dollar, reflected in the foreign exchange options market positioning, stemming from concerns about the U.S. economy and intensifying trade tensions, including recent tariff increases. Concurrently, South Africa’s economy is showing signs of stagnation with slow GDP

PFS Market Sentiment Podcast – Current Inflation Target Might Hold SA Economy Back, 0.1% GDP Growth, Bearish Outlook on the USD, Metal Tariff Kicks In Read More »

PFS Market Sentiment Podcast – Damage from Trump’s Trade War, Narrow Rand Range

💹 Major Currency Snapshot: USDZAR: 17.85EURZAR: 20.38GBPZAR: 24.14 Introduction: The provided sources offer insights into the intricate relationship between global trade tensions, primarily stemming from U.S. trade policy, and their significant influence on currency markets and various national economies. The material explores the recent weakness of the U.S. dollar and the challenges faced by currencies

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PFS Market Sentment Podcast – Trump Overstepped His Authority, Steady Rand Ahead Of MPC, Most Economist Predict a 25 basis Point Cut

💹 Major Currency Snapshot: USDZAR: 17.93EURZAR: 20.21GBPZAR: 24.12 Introduction: A significant ruling by the U.S. Court of International Trade blocked President Trump’s across-the-board tariffs, citing that he overstepped his authority and that Congress holds the exclusive power to regulate commerce. This decision led to positive reactions in financial markets, including a rally in the U.S.

PFS Market Sentment Podcast – Trump Overstepped His Authority, Steady Rand Ahead Of MPC, Most Economist Predict a 25 basis Point Cut Read More »

PFS Market Sentiment Podcast – Markets Anticipate 25 Basis Point Cut At MPC, Rand Wobbles, Trump To Attend G20

💹 Major Currency Snapshot: USDZAR: 17.99EURZAR: 20.35GBPZAR: 24.26 Introduction: Global markets are currently experiencing a rally driven by optimistic US economic data and anticipation of strong tech earnings, particularly from Nvidia. Meanwhile, major currencies like the Japanese yen are showing volatility due to bond market concerns and fiscal health worries, while the South African rand

PFS Market Sentiment Podcast – Markets Anticipate 25 Basis Point Cut At MPC, Rand Wobbles, Trump To Attend G20 Read More »

PFS Market Sentiment Podcast – Rand Resilience Persists, USD Uncertainty, SARB MPC Predictions

💹 Major Currency Snapshot: USDZAR: 17.87EURZAR: 20.31GBPZAR: 24.21 Introduction: The US dollar is currently struggling, facing its longest losing streak since 2017, primarily due to concerns over potential increases in US debt from proposed tax cuts and unpredictable President Trump’s global tariff policies. This weakness in the dollar, combined with factors like a relatively high

PFS Market Sentiment Podcast – Rand Resilience Persists, USD Uncertainty, SARB MPC Predictions Read More »

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