Daily Solutions – 23 February 2018

By Alexander Forbes Investments on Feb 23, 2018 in Industry Updates Market and Economic Commentary Performance The news

The JSE fell on Thursday, as global equity markets came under pressure, while a deluge of local results were mixed. Rising global bond yields helped cool investor interest in equities, with markets reacting to what was widely perceived as a hawkish tone in the minutes of the US Federal Reserve’s January meeting.

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Daily Solutions – 22 February 2018

By Alexander Forbes Investments on Feb 22, 2018 in Industry Updates Market and Economic Commentary Performance The news

The JSE closed higher on Wednesday, as markets reacted favourably to the government’s promise to protect the integrity of public finances. Despite a generally stronger greenback, the rand gained on news that inflation decelerated in January, while the government announced that it would steadily reduce the budget deficit over the next three years.

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A reform-minded budget to put South Africa back on track

By Lesiba Mothata on Feb 21, 2018 in Industry Updates Market and Economic Commentary Performance The news

It is not surprising that the International Budget Partnership ranked South Africa first, along with New Zealand, on the 2017 Open Budget Index. The National Treasury has, once again, demonstrated its worth and strength through the 2018 National Budget Review.

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Daily Solutions – 21 February 2018

By Alexander Forbes Investments on Feb 21, 2018 in Industry Updates Market and Economic Commentary Performance The news

The JSE all share closed weaker on Tuesday as renewed risk-off trade returned to the market amid a weaker US bond market, causing the dollar to firm. The local market was also on tenterhooks before the budget on Wednesday, which analysts have cautioned could temper the momentum created by Cyril Ramaphosa’s rise to the Presidency.

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