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Market Commentary: November 2022
Global Market Themes: US CPI Inflation surprises to the downside, catalysing a risk-on rally Federal Reserve likely to slow pace of interest rate increase going forward China reopening narrative boosts global risk appetite Economic growth continues to slow in Europe and the United Kingdom SA Market Themes: Risk appetite returns, catalysing a strong month for equities Annual inflation remains elevated, trending sideways in the mid-7% range Manufacturing activity appears resilient to ongoing loadshedding
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