FFM podcast ep22: Navigating bond yields and energy markets; Resilient Rand; Spar; R5k still to play for
Expert financial analysts share valuable strategies amidst rising bond yields, the resilient rand, and market turbulence.
Expert financial analysts share valuable strategies amidst rising bond yields, the resilient rand, and market turbulence.
A strengthening dollar, the yuan’s relentless slide and war in Ukraine have been a toxic mix for emerging-market currencies this year. The MSCI’s gauge of emerging-market currencies has weakened about 8% this year, near the record annual drop of 8.7% posted during the 2008 crisis.
Andre Cilliers says now is the time to act because although international markets were distracted, soon investor confidence will be lost entirely.
The analysis from respected economist Azar Jammine paints such a picture, as certain data points to a stronger Dollar while the Rand and other emerging market currencies sell off.
South Africa needs to make tough decisions about how it runs its finances and next month’s budget will inspire confidence in a struggling economy, says Pravin Gordhan.