21 March 2019 At its March meeting, the US Federal Reserve signaled it would keep interest rates unchanged in 2019. In a similar fashion, the European Central Bank (ECB) at its recent gathering signaled interest rate hikes will be delayed until next year, and additional monetary support was forthcoming. But, that's not the end of [...]
27 May 2018 Financial markets have celebrated the selection of Cyril Ramaphosa as leader of the ANC in December 2017, and his subsequent election as the Republic's president. The beleaguered Rand (ZAR), for example, has rallied over 20% in the past four months. Even the rating agencies have jumped on the band wagon. Both Fitch [...]