Author: Prowess Investment Team

Early this week, lower-than-expected US CPI for October dominated the headlines raising market expectation of a Fed  interest rates cut in the first half of 2024. […]

The Open Market committee (FOMC) meeting took center stage last week, as it maintained its monetary stance by leaving the Fed funds target range at 5.25%-5.50% […]

Market participants continue to monitor developments around the situation in the Middle East very closely, while locally, Kuben Naidoo resigns as SA Reserve Bank Deputy Governor […]

Last week, CPI for September printed at the highest level in three months at 5.4% from 4.8% in August. The SARB MPC’s next interest rate decision […]

This week, all eyes will be on the SA Reserve Bank’s Monetary Policy Committee (MPC), which is expected to increase the Repo rate by 50 basis […]

Last week, Parliament postponed the debate around the Phala Phala report to December 13th, GDP for Q3 ’22 overshot expectations, while internationally, China eased Covid restrictions […]

Last week, the Phala Phala scandal took the spotlight amid mounting speculation that President Cyril Ramaphosa would be forced to resign, while internationally, the Chinese economy […]

Last week, the SARB raised the repo rate by 75 bps, taking it above pre-pandemic levels, to 7%, the Fed’s meeting signaled a slowdown in the […]

Last week, lower than expected US PPI numbers supported the cooling inflation narrative; global markets were cautiously optimistic on geopolitical risks as US-China relations strengthened. Chinese […]