Trading Update : 3 July 2024
The content in this article serves as an update on how the market is currently moving. As the market is constantly evolving, it is important to stay informed about the latest trends and developments.
Market Movements – 25 June 2024
Apple’s stock surged to a new high after announcing its plans for artificial intelligence (AI) features on its devices. HSBC strategists recommend buying any dips in the stock market amid potential short-term pullbacks driven by uncertainty around interest rates.
Market Movements – 14 June 2024
Don’t miss the July bull run According to Goldman Sachs Group Inc.’s trading desk, a flood of cash from passive equity allocations will pour into the stock market in early July, setting up a continuing rally through the early summer. Since 1928, the first 15 days of July have been the best two-week trading period […]
Understanding market sentiment
Numerous factors influence global financial markets, from economic growth, global supply chains, geopolitical events, inflation, and government policies. While concrete figures, financial data or verifiable information underpin most of these influencing factors, there is another less tangible force that can sometimes sway markets in either direction. Market sentiment refers to the overall prevailing mood of […]
Economic update – From deep amber to a shade of green
The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) left the repo rate unchanged at 8.25%, with a slightly dovish tone, despite market expectations of a rate cut, and revised its inflation forecast, leading to a shift in market expectations.
