Saturday , January 22 2022

Markets LIVE: Gold will reduce mining in September.


Rand and the Indonesian rupee yesterday were the best EMs

Participation of RMB economist Mofo Tsby in daily market expectations:

RAND and global equity capital are expected to be consolidated
Washington said the lattices would reach dangerous assets. USD closing
yesterday's trading session decreased by 0.3% compared to the major currencies
Raising other currencies.

Rend has rated 1.5% to close last night
trading session at 13.91 US dollar

Randa and Indonesian rupee were the most developing markets
then Brazilian real. Rand has met this trend
its "criminal partners", the Turkish lira, the Argentine Peso and the Russian ruble
red is closed.

Global equity funds also benefit from satellite voting.

2.6%, and Dow and S & P 2.1%. EM funds and
JSE Alci increased by 0.6% and 0.5%. Asia shares, Nikkei and Hang Seng
At the morning trading session was 1.9% and 0.8%.

Spartakiad congress is expected to hamper President's economic climate
The political agenda that has affected the US economy and the dollar.

Call Gateway
further fiscal expansion means there is no need to accelerate the Fed
tightening of the monetary policy. This will benefit the EC currencies
Was in the back of the US dollar.

However, Trump
will continue to pursue the protectionist trade policy, primarily due to global unfavorable circumstances
growth and MDs.

At the local level, the SACCI Business Confidence index rose from 93.3 to 95.8 in October
September for the second time in a row. There was a suspect
increase in imports, auto sales and retail sales.

Today 's mining industry and
production data are reflected on economic activity and quantity
restoration of growth rates in the third quarter.

Other good news came from Escom, showing that his board was planned
reducing staff costs by removing senior management. It is not clear yet
how many employees will work there will save energy
high operating costs.

Today, the Fed session goes to the futures market, and the markets are waiting for the price
unchanged However, investors will consider the information on the Federal Reserve
Establish a future monetary policy.

The main industries in the local area
data processing. Market consensus depends on the decline in mining
In September, it was 3.4%, and production volumes increased
1,9% g / g.

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