Trading Update : 27 August 2024
US job growth in the year through March is expected to be weaker than initially estimated, potentially leading to larger rate cuts by the Federal Reserve and a return of growth fears in the market. Meanwhile, it may be premature to shift away from growth stocks in anticipation of rate cuts, as historically growth stocks have outperformed value stocks in easing cycles.
Trading update : 20 August 2024
The latest market movements including notes on Tencent, SA Rand and the mining sector.
Trading update : 13 August
There are growing concerns about the global market selloff, with Monday’s wild market gyrations wiping out $6.4 trillion. It is unclear whether this marks the final stage of the selloff or the beginning of a prolonged slump. Read more about the market movements of the last week here.
Market Update : 30 July 2024
Ready, steady, hold… The European Central Bank (ECB) has decided to keep interest rates unchanged after last month’s significant rate cut. ECB President Christine Lagarde stated that the next interest-rate meeting is “wide open,” suggesting that another cut may be possible as officials gather more information on inflation. This decision reflects the cautious approach taken by the ECB, as they await further data before making any further moves. Investors will be closely monitoring future developments to gauge the potential impact on the European economy.
Weekly Update : 22 July
Updates on Bidvest, Sasol, Naspers and Tesla.
