USD/ZAR Shakes Off Dovish SARB & Positive US GDP
South African Rand, Dollar Latest: SARB (South African Reserve Bank) raises the repo rate by 25-basis points to 7.25% (below expectations of 7.5%). USD/ZAR digests commentary from the MPC (monetary policy committee) – load shedding and the intense power-cuts dampen sentiment as productivity declines. US GDP and durable goods beat estimates highlighting a resilient US […]
FTSE 100 Shakes Off Recession Risks Rising Above 7700
FTSE 100 Talking Points: Recommended by Tammy Da Costa Get Your Free Equities Forecast FTSE 100 Rises to 2018 Levels Despite Rising Risks of a Global Recession FTSE 100 prices continue to track higher, defying the risks of a global recession. With the major UK equity index conquering prior technical hurdles that have remained in […]