By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke As we enter 2022, we will carry over a bit of a hangover from 2021 regarding events and data that will impact the mark
By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke Heading into the last FOMC (Federal Open Market Committee) meeting of the year, there has been much speculation about
By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke Whoever said that 2021 was going to be a “normal” year probably need to reinvest in a new crystal ball, but as we
By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke It has all been about the USD for the latter part of 2021. How everything that is going on in the world, has an interc
By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke The market is full of surprises. Last week the Omicron variant was discovered by scientists in South Africa, and the r
By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke After the MTBS speech of a few weeks ago, much was made about the MPC meeting of the last week. We expected that the M
By TreasuryONE Senior Dealer, Andre Botha, and Macro Strategist, Neels Heyneke The main event from a South African perspective last week was the MTBS delivered by the finance minister. There are so
By Neels Heyneke, Macro Strategist and Andre Botha, Senior Dealer After the rand weakness of last week, the rand clawed back some ground against the US dollar and traded closer to emerging m
By Neels Heyneke, Macro Strategist and Andre Botha, Senior Dealer Last week an interesting phenomenon occurred: the rand lost significant ground against the US dollar and therefore other currencies
By Neels Heyneke, Macro Strategist and Andre Botha, Senior Dealer Over the past couple of weeks, we have seen the rand doing its best impression of a rollercoaster. Emerging markets have come under