South Africa Economy

The major theme of this cycle's central bank meetings is the "pivot" from emergency COVID measures towards a more balanced policy to support the emerging recovery. Some of the policies introduced are simply not sustainable in the medium…
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Traditionally, at this point in the economic cycle, emerging markets should be an appetizing currency play. As risk appetite returns to markets, we would expect emerging market currencies to strengthen as capital starts searching for…
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When considering commodity currencies, we tend to focus on exports as they typically have the largest impact on currency fluctuations. However, we are in unusual circumstances. For now, currency moves driven by monetary policy are…
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Given the unprecedented easing around the world, virtually all analysts agree that the SARB will cut rates at their meeting on Thursday. Despite reporting relatively few cases, South Africa has not been exempt from the market reaction to…
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The South African rand remained fairly stable despite the US election led volatility just yesterday. USDZAR hit a 52-week low falling to 13.171 before managing to bounce back up and is seen currently trading at 13.448. The price level…
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USDZAR is set to close a second week with gains although price action on the weekly chart shows an inside bar formed last week, indicating a near term break out from the range. Price action in USDZAR has been limited to a sideways pattern…
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The South African Rand came under pressure on Tuesday on news reports that the finance minister, Pravin Gordhan was issued summons to appear in court on corruption charges on November 2. It was for the time when Gordhan was in charge of…
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One of our priorities has always been the quality, up-to-date education to reach their full potential, avoid common financial mistakes, and find new perspective ways to invest their funds. This is an ambitious goal, and we are ready to…
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The South African Rand poses a steady challenge to the US dollar as prices continue to fall giving up most of the gains made earlier in August. Latest fundamentals hitting the wire included today's headline inflation figures. Data from…
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The South African rand was seen regaining lost ground as prices quickly reversed the losses from the previous week. The South African rand initially weakened after reports emerged in late August about the investigations into the Finance…
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