High inflation, power cuts 2 major hurdles that must be swiftly addressed
In dealing with inflation, the South African Reserve Bank (Sarb) has moved to increase the repo rate to stop prices from increasing.
Source: ewn.co.za
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SA Reserve Bank increases interest rates by a further 75bps to 7%
The South African Reserve Bank last adjusted interest rates on 22 September 2022, when they increased the Repo rate by 75bps.
Source: biznews.com
Bounce In Futures Fizzles As Dollar Surge Returns
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
DXY below 112.0 with GBP outperforming, EU Energy meeting looms - Newsquawk Euro Market Open
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Cable revived above 1.12 and core debt bolstered; US PCE Price Index/Fed speak ahead - Newsquawk US Market Open
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com