Market Watcher: Stable footing and muted moves

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Sasfin's David Shapiro runs us through the day's market developments, gold and platinum prices, speculation around Trump firing Fed chair Jerome Powell, the rand, and expectations for US earnings season.
16 Jul 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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