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June 21, 2022

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Fed shows its hand

Fed shows its hand

Weekly Market ViewBy Maria JoubertJune 21, 2022

By Andre Botha, Senior Dealer, TreasuryONE While we had a short week last week, some significant events happened last week. First, the Fed showed its hand and hiked by 75 basis points to get rate

Traders will be looking at Jerome Powell's testimony today for confirmation of Fed's resolve in fighting inflation

Traders will be looking at Jerome Powell’s testimony today for confirmation of Fed’s resolve in fighting inflation

Daily Market ReportBy Maria JoubertJune 21, 2022

Rand update Yesterday’s holiday in the US resulted in a quiet day of consolidation in currency and commodity markets. The rand hovered around the R16.00 mark for most of the day yesterday but

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