Market Watcher: Where to start?

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Nick Kunze of Sanlam Private Wealth discusses the day's market moves, the rand, the markets’ continued wait for the cabinet announcement, bond yields, Ayo shareholders’ decision, and Absa's trading update.
27 Jun 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.
23 Jul 1PM 7 min