US CPI moderated to 4.9% YoY versus an expected 5.0% in April, and markets are now pricing in a pause in rate hikes by the Fed. treasuryone.co.za/economic-slowd… #EconomicSlowdown #Recession #Inflation #FinancialMarkets #CPI

The Rand traded near its all-time weakest level of R19.34 yesterday after the US accused the government of supplying Russia with arms and ammunition. treasuryone.co.za/the-local-curr… #SAsanctions #RussiaArms #SARB #FinancialMarkets #ZAR

The rand will remain headline driven, with traders still looking for clarity on the Russian arms fiasco and the possible repercussions. The US Ambassador has apologised for the tone of his statement but has not retracted any part of the claim. treasuryone.co.za/rand-recovers-…

After the poor data out of China this morning all eyes will shift to the US data out later today. Retail sales and industrial production will be the two key numbers to watch. We also have a few Fed members speaking today. treasuryone.co.za/us-data-and-fe… #FinancialMarkets #GlobalEconomy

The uncertainty over the raising of the US debt ceiling and the slow post-Covid recovery in China are both contributing to the firmer Dollar as risk appetite remains low. treasuryone.co.za/hawkish-fed-se… #Hawkish #InterestRates #Inflation #Treasury

The rand gave back most of this week’s gains yesterday, losing nearly 1.0%, as the dollar firmed and local headwinds still weigh. treasuryone.co.za/no-respite-for… #FinancialMarkets #G7 #laodshedding #CreditRating

MPC decision on Thursday: we could have between 50bps and 75bps hike. The reason will be because inflation remains sticky above the 3%-6% target band and also to try to stem the continued losses of our local currency. #Inflation #InterestRates treasuryone.co.za/local-inflatio…

Economists are split between a 25bps and 50bps rate hike as high inflation and a weak Rand puts the SARB in a tight spot and point to further hikes. treasuryone.co.za/rand-holding-a… #ReserveBank #SARB #MPC #InterestRate #Inflation

The Rand weakened to its worst level ever at just above R19.83 shortly after the Reserve Bank announced a 50bps rate hike yesterday. SARB’s view on the country’s economic and political outlook was extremely negative. treasuryone.co.za/rand-hits-weak… #SARB #InterestRate #SouthAfrica

The short-term outlook for the Rand is extremely negative, and with Dollar inflows lagging outflows, a move to the R20.00 level is a distinct possibility. treasuryone.co.za/rand-hits-weak… #SARB #InterestRate #SouthAfrica #Economy

Markets still expect the Fed not to raise rates next week, but the hiking cycle will likely continue in July. treasuryone.co.za/higher-for-lon… #InterestRate #Inflation

A possible solution to the government’s Putin arrest conundrum, improving power supply, and a pickup in investor sentiment has seen the rand hold on to gains made over the last few days. treasuryone.co.za/upbeat-mood-se… #FinancialMarkets #MarketRiskManagement

The rand is holding steady just above last night’s R19.08 closing level as the dollar remains range bound against the majors ahead of the FOMC next week. treasuryone.co.za/rand-holding-f… #MarketRisk #CurrencyMarkets

This week Ilze-Marie Le Roux from ETM Analytics delves into global economic news - including the recovery of the Rand, US interest rates and commodity movements. Watch TreasuryONE's Weekly Market Reveiw here: youtu.be/RVafzflhNdc #MarketsUpdate #LastWeekinTheMarkets

🗓️ Weekly Market Review - 12-16 June 2023 ▶️Interest Rate Announcements ▶️Central Bank Meetings ▶️Federal Reserve Testimony ▶️Japanese Yen Intervention ▶️South African Rand For more info: treasuryone.co.za/possible-curre… #MarketAnalysis #Inflation #banking

The Rand's Rebound, Jerome Powell's Report & Worldwide CPI forecasts are the topics discussed in this week's TreasuryONE Market Review hosted by Ilze-Marie Le Roux in Partnership with ETM Analytics 🎥 youtu.be/eX-nD83PbAU #FinancialMarkets #Powell #TheFed #CPI

[WATCH] Today on #PLSA's #PowerTable: Should companies always hedge their rand exposure? For this discussion we're joined by Andre Cilliers, Bianca Botes and Jan Sluis-Cremer, tune in at 12h30 CAT. Feel free to partake in our poll: bit.ly/43hZAsF

🎥WATCH: The question on everyone's mind this weekend - What happened in Russia?Ilze-Marie Le Roux from ETM Analytics delves into this and more in our latest #WeeklyMarketReview. youtu.be/xmWWeUz-AM0 #FinancialMarkets #Russia #TheRand

Missed Andre Cilliers on CNBC Africa's #PLSA yesterday? Watch the full discusssion with Fifi Peters, #JanSluis-Cremer and Bianca Botes below 🎥👇 youtu.be/kkjT-wYhpmc #Hedging #CurrencyExposure #RiskManagement

📹 WATCH: The SA power crisis takes its toll and unrest continues in France. Catch up on this last week in the markets with Ilze-Marie Le Roux and ETM Analytics #MarketUpdate #EconomicAnalysis youtube.com/watch?v=iYuUEz…