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.
Trading Update : 6 August 2024
Trading update 6 August 2024. Meta, Apple, BHP, Walmart, Anglo American and more.
Inflation trending down in SA
In June, inflationary pressures continued to ease, with headline consumer price inflation declining to 5.1% from 5.2%, in line with expectations. Despite this, the monetary policy committee decided to keep interest rates unchanged, leaving markets waiting for a much-needed decrease.
