MPC = Might Possibly Cut?

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE MPC = Might Possibly Cut? Moving away from familiar economics since the global financial crisis has been the norm for the past decade, where Central Bank policy has taken over how economies have functioned with Quantitative Easing and other monetary policy measures.  The importance of Central Banks has grown so much in the…

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Trade Talks to resume

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Trade Talks to resume In the lead up to the G-20 summit in Osaka, a lot of emphases was placed on the meeting between President Trump and President Xi over the much-maligned trade deal. In the end, the discussion between the two Presidents seemed to have gone swimmingly with President Trump stating that…

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It was dirt, not champagne!

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE It was dirt, not champagne! The Rand hit a high of R15.1750 on Friday as the Rand was in the crosshairs after the weak GDP number and the whole SARB political drama that played out last week. The Rand halted its slide on Friday after the Current Account deficit came out better than…

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