Commentary
Add as a preferred source on GoogleQuotes from Danske Bank: -Given South Africa's external imbalances, the rand remains highly exposed to swings in risk sentiment. We are slightly positive on the ZAR in the short term, with commodity prices potentially bo…
Quotes from Danske Bank:
-Given South Africa's external imbalances, the rand remains highly exposed to swings in risk sentiment. We are slightly positive on the ZAR in the short term, with commodity prices potentially bottoming out.
-We remain bearish on a medium -to long-term horizon, given South Africa's external balances. That said our overall ZAR forecast is not significantly more negative than the market expectation.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
