Interest rate hike 'the best possible outcome'

Loading player...
Nick Kunze of Sanlam Private Wealth explains why the MPC's decision to raise interest rates by 25 basis points was the best possible outcome. He unpacks the rand’s continued good performance against the US dollar and highlights AI stock performance in the US markets. He also discusses the oil price and how the 46% rise in the petrol price is the single biggest driver of inflation in South Africa.
28 May 1PM English South Africa Business · News

Other recent episodes

[FULL SHOW] EasyEquities dividends, vehicle recalls, and smelter closures

This evening, we round up the latest market movements with Sanlam Private Wealth, examine vehicle recalls with the Automobile Association of South Africa, discuss the Purple Group’s record earnings, explore portfolio rebalancing with 1nvest, look at Ferroglobe’s smelter shutdown with power and energy expert Professor Vally Padayachee, and in our…
12 Nov 12PM 55 min

Market Watcher: Nvidia resignation rattles markets

Nick Kunze of Sanlam Private Wealth unpacks the impact of Nvidia’s CEO resignation, discusses US-China tensions, AI stocks and the gold sell-off ahead of the US Federal Reserve’s interest rate announcement. Kunze further examines market expectations of a 50-basis-point interest rate hike before the end of the year. Nick Kunze…
12 Nov 12PM 8 min