In the first monetary policy committee meeting (MPC) for 2016 the South African Reserve Bank (SARB) hiked the repo rate as expected by 50bps to 6.75%. The MPC explicitly mentioned the real repo rate in its statement and clearly believes that policy remains accommodative and that the “real repo rate remains low given the higher …
Both the US’s FOMC and the SARB’s MPC will be meeting this week, both meetings to be watched closely. The FOMC meets on Wednesday at 9pm SA time. It is unlikely that the Fed will increase the fed funds rate at this meeting; however, the tone of the statement will be very instructive to the …
All eyes are on Wednesday’s Federal Reserve Open Market Committee meeting (FOMC) at 19:00 GMT. Nerves are fraying ahead of the Fed’s expected decision to lift rates on Wednesday. Ahead of the meeting investors should have a long-term view, with capital protection as top priority, our 60 month uncapped PII continues to offer 100% protection, …
The Resi 10 index has fallen over 7% since the beginning of November these lower levels offer investors the opportunity to enter equity markets off a much lower base. The Standard Bank 36 month and 60 month PII RESI 10 cappings are looking most attractive at the moment at 140% and 220% respectively. The longer …
