Market Watcher: The great oil paradox

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Terence Hove of Exness discusses the day's market moves, the rand, the JSE seeing red, Opec cutting production and the oil price, local inflation, and the Sarb's efforts to fight inflation.
18 Apr 2024 1PM English South Africa Business · News

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Market Watcher: Choppy waters for the markets

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.
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