Market Watcher: All that glitters is gold

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Nick Kunze of Sanlam Private Wealth comments on a decent day on the markets, including results from Anglo American and Gold Fields, gold miners performing well on the day, the market recovering from the postponement of the national budget speech, and the SA bond market remaining attractive.
20 Feb 2025 12PM 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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