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Market Commentary: October 2017

Here are this month’s highlights: Developed and Emerging market equities ticked up during October, with South African equities outperforming global peers. The Rand and SA government bonds remained under pressure as fiscal slippage and domestic politics weighed on the local markets. Strong earnings, and tech sector gains led international markets higher, but investors will keep a close eye on Brexit negotiations and tax reform progress toward year-end.

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Market Commentary: July 2017

Market View Cash June saw a further moderation in inflation. The Consumer Price Index hit 5.1% and Producer Price Index inflation fell well below expectations to 4% year-on-year for the…

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Market Commentary: June 2017

Market View Cash May saw a modest uptick in inflation, with Consumer Price Index (CPI) lifting slightly to 5.4% from 5.3% in April. The increase has largely been attributed to…

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Market Commentary: May 2017

Market View Cash Inflation continued to trend lower in April 2017 with the index registering a 16-month low of 5.3%, down 0.8%. Improvement in agricultural prospects and pump-prices saw a…

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Market Commentary: April 2017

Market View Cash The latest inflation data indicates a continued downtrend in local price-increases as March CPI eased to a six-month low of 6.1%. The South African Reserve Bank anticipates…

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Market Commentary: March 2017

Market View Cash Domestic inflationary pressure continued to ease during February. Producer Price Index (PPI) inflation — a leading indicator with a greater weighting to food prices — eased at…

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Market Commentary: February 2017

Market View Market View Cash South Africa’s domestic inflationary pressure abated somewhat during January 2017, reaching 6.6% year-on-year in that month after an unexpected rapid 6.8% gain in December 2016.…

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