Market Watcher: ECB doesn't follow the Fed, and SA retailers under pressure

Loading player...
RMB's John Cairns discusses the interest rate decisions from the US and the European Central Bank – with the latter indicating a continued cycle of hikes and the US banking crisis taking the pressure off the Fed – and what this means for the rand.

Viv Govender of Rand Swiss discusses the market’s reaction to the central banks' decisions, Pick n Pay's results leaving the market bothered, Spar's search for a new CEO, and statements out of Famous brands and AB InBev.
4 May 2023 1PM English South Africa Business · News

Other recent episodes

[FULL SHOW] Clicks results, zero-tariff access to China, and KZN sweatshops

This evening we highlight the day’s market moves with PrimeXBT, unpack Clicks’s disappointing profit outlook with its CEO, discuss Africa’s access to China’s zero-tariff zone with DHL, find out how consumers can check unclaimed dividends with the JSE, review consumer spending habits with Standard Bank, examine risks in KZN’s garment…
23 Apr 1PM 54 min