Market Watcher: What's going on with the rand?

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Nelis Brink of PSG Wealth runs us through the day's market moves, today's local jobs numbers, US inflation, the rand, resources rebounding, digesting the US-China deal, and SA interest rate expectations.
13 May 2025 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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