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Add as a preferred source on GoogleData released on Wednesday show that CPI inflation in South Africa rose to 4.4% y/y in April, which will continue to weigh on consumer spending. Other sectors were stronger, but Capital Economics expects GDP growth slipp…
Data released on Wednesday show that CPI inflation in South Africa rose to 4.4% y/y in April, which will continue to weigh on consumer spending.
Other sectors were stronger, but Capital Economics expects GDP growth slipped to around 2.0% q/q saar, down from 4.1% in Q4 2014.
South Africa's Monetary Policy Committee will probably elect to retain the repo rate at 5.75% today. Rising inflation, however, makes a 25bp hike likely over the coming three months or so.
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…
