JSE recovers as Budget Speech postponement signals GNU strength - Chris Harmse
The postponement of South Africa's National Budget Speech, initially met with market uncertainty, led to positive market sentiment as it demonstrated the Government of National Unity's continued influence over fiscal policy. Despite initial negative reactions, the JSE recovered and the Rand stabilised, showing investor confidence in democratic processes.
South African markets defy geopolitical tensions with record performance
South African markets achieve record-breaking performance despite mounting US-SA diplomatic tensions and Agoa concerns. The JSE All Share Index hits new highs while gold prices surge, demonstrating remarkable resilience in the face of geopolitical pressures.
SONA: Markets sceptical and rather recovered on global overreaction - Chris Harmse
South African markets showed resilience last week, recovering strongly despite widespread scepticism following President Ramaphosa's State of the Nation Address. While SONA promises face criticism, the JSE reached new record levels amid global market optimism
Trump vs Powell: Who will win? Gold emerges as haven in an uncertain financial world
As Federal Reserve chair Jerome Powell defies President Trump's demands for rate cuts, global markets face uncertainty. With gold prices reaching historic highs and South Africa's monetary policy shifting, investors navigate through complex economic waters.
SA financial markets: US inflation drop and Trump's demands shape trading week
Global markets show positive momentum following lower-than-expected US core inflation, while South African markets respond to international pressures and await crucial MPC decision. Trump's remarks on interest rates and oil prices add volatility to an already dynamic trading week
Global markets rebound as US inflation eases and JSE follows suit - Chris Harmse
Global and South African markets show strong recovery after a challenging start to 2025, driven by lower US core inflation data and positive banking sector performance. The JSE follows Wall Street's upward trend while the Rand strengthens against the dollar, though fuel price concerns linger.
Trump fears: Financial markets recover - Chris Harmse
Global financial markets show resilience as fears surrounding Donald Trump's policies fade, with significant gains in South Africa's JSE and a strengthening rand.
Geopolitical concerns keep markets under pressure - Chris Harmse
The dollar weakened in thin pre-holiday trade as markets remained nervous, assessing the risk that President-elect Donald Trump might initiate a tariff war that no one would win.
‘The repo rate cut: what does the MPC know that we don’t?’ asks Chris Harmse
The identified risks worrying the MPC itself are cost inflation factors and by not lowering the repo rate with magnitudes of 0. 5% it will do the consumer even more harm, says the author.
Rand stumbles as global markets react to Trump win, says Chris Harmse
Local financial markets have faced significant declines following Donald Trump's election victory, with the rand hitting a three-month low. This article explores the implications for local and global markets.
Local markets plunge amid Trump’s election win, Fed’s rate cut - Chris Harmse
Concerns over Agoa renewal, US relations, and falling gold prices weigh heavily on JSE.
JSE stocks volatile as policy uncertainties shake market, says Chris Harmse
Local markets face headwinds as policy uncertainties and global tensions impact JSE performance. Despite recent volatility, major indices show strong annual growth while the Rand remains under pressure.
SA markets await MTBPS amid global economic shifts, says Chris Harmse
South African financial markets remained steady despite positive inflation data, while global attention focuses on US Federal Reserve decisions and the upcoming medium-term budget statement. Here's what investors need to know
Local markets rally: Gold hits record high amid global uncertainty, says Chris Harmse
South African financial markets show resilience, bouncing back from geopolitical tensions. Gold reaches a record $2700 per ounce, while the rand strengthens and oil prices ease. Investors eye potential interest rate cuts as inflation data looms
Oil prices and Middle East crisis impact SA financial outlook, says Chris Harmse
South African financial markets face volatility as global events, including the Middle East crisis and Chinese economic concerns, create uncertainty.
Middle East crisis hits SA markets: Is a financial Black Swan looming?
South African markets face uncertainty as Middle East tensions escalate. Is this the prelude to another 'black swan' event? Explore how geopolitical factors are shaping financial landscapes and what it means for SA investors.
Record on record for gold and equities: Is this an overreaction?
This coming week all eyes will be on the release of the US non-farm payrolls for September.
Week of drama, with ‘surprise' Federal Reserve rate decision
This led to bullish trading on global equity markets.
Markets are nervous awaiting the US Fed and SARB’s rate decisions
The release of the US consumer price index inflation rate for August last Wednesday was as expected and enforced market sentiment that the Federal Open Market Commission will increase its bank rate at its news conference on Wednesday.
US recession fears hit financial markets again, but sharp decreases in fuel prices expected
Many investors are nervous that the decision by the US Federal Reserve (Fed) on interest rates is too late and is behind the cycle. It is feared that even if the US lowers rates over two weeks, it will have a limited effect on its economy that moves towards lower growth and higher unemployment.
Financial markets await US jobs data, SA economic growth data
On the JSE, the all share index ended the week flat.
Financial markets: A week of records
Markets were strongly supported by the news that the South African inflation rate came down to 4. 6% in July, the lowest since July 2021.
Equity markets, rand bounce back
After sentiment turned negative the previous Friday on worse-than-expected US unemployment data, the announcement of the retail numbers for July last Wednesday wiped out all fears of a recession in the US.
World and SA markets recover quickly
Although analysts saw the big sell-off of equities last Monday as only a healthy correction, investors remained nervous.
Equity markets suffer despite interest rate prospects
The continuous fear of worse-than-expected earnings from the top companies in the US and the news of the sudden sharp increase in the US unemployment rate led to a big sell-off in equities on Wall Street and washed over to countries across the world.