Business Day TV speaks to Roy Mutooni from Sanlam Investments
Business Day TV speaks to Jean Pierre Verster from Protea Capital Management and Willem Oldewage from Nitrogen Fund Managers
US inflation reports likely to influence the Federal Reserve’s decision on interest rates
The August CPI report due on Wednesday will offer insight into inflationary pressures and consumer spending patterns
Signs of weakening global demand weigh even as Tropical Storm Francine affects supply
Concern about a faltering Chinese economy dampens market mood
Metal slips while traders brace for US inflation data that could offer hints about the size of the Fed’s rate cut
Some analysts say even a weaker-than-expected consumer price report may be insufficient to prompt a substantial rate cut
Investors are awaiting US inflation data to assess the size of a likely US rate cut
Japan’s Nikkei bore the brunt of the early selling as tech stocks fell, losing another 0.8% on top of a near 6% slide last week
Business Day TV speaks to Grant Nader from Benguela Global Fund Managers and Devin Shutte from The Robert Group
August’s US consumer and producer price reports are scheduled for release on Wednesday and Thursday, respectively
The rand lost ground against all hard currencies on the day
Markets are fairly certain that the US Fed will cut rates on September 18
Traders adopt cautious stance as they await release of nonfarm payrolls data and weigh a big withdrawal from US crude inventories
Metal set for weekly gain as traders focus on nonfarm payrolls data that could shape the size of an expected September rate cut
Yield on benchmark bond has strengthened more than 1.6 percentage points since the election
While monthly hiring growth was the slowest since January 2021, new claims for unemployment benefits inched down