The message from central banks

The message from central banks

This month saw several Central Bank meetings take place. Bank of Japan, Swiss National Bank, Bank of England, South African Reserve Bank, and the Federal Reserve were a few. Of these the most closely watched by investors was the Federal Reserve. The Federal Reserve...
a look over the medium term

a look over the medium term

It is hard to believe that we are now more than halfway through this year. It has been eighteen months since the pandemic began and we are starting to see a recovery in the global economy. The Organisation for Economic Co-operation and Development (“OECD”) now...
Gauging future central bank activity

Gauging future central bank activity

The biggest talking point in the currency arena this past month was centered around central bank activity. Of particular interest were the actions, or rather, implied future actions, of the Federal Reserve. This month we look at three major central banks within the...
5 factors to keep in mind

5 factors to keep in mind

This month has seen risk assets continue to outperform as a consequence of a notable improvement in investor optimism following several contributing factors. The successful rollout of vaccines in many parts of the world (particularly in the developed economies), an...
Where to now?

Where to now?

A year ago, we found ourselves in the middle of a hard lockdown. Uncertainty was at an all-time high and the markets reflected this investor uncertainty. It’s crazy to think that only a year ago the rand traded above the R19 level to the dollar as investors...