October Inflation
- Local CPI at 2.8%, yet prime is 11.5% ahead of the MPC decision this afternoon.
- The gap is far to wide, SARB needs to cut aggressively.
South Africa | Prime vs. CPI
Gold and Bitcoin
- Gold has bounced, but is this for real?
- Bitcoin heading for US$100k
Rand weakness
- The US$ remains string and is hurting the Rand.
US$ Index
Astral results
- Good results
- Paid back R1.1billion short-term debt
- But volatile, a trading stock.
All charts by KoyFin | Get 10% off your order
JSE – The JSE is a registered trademark of the JSE Limited.
JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
Thursdays are all about hard-core investing and trading with Simon Brown’s famous JSE Direct podcast. JSE Direct started life on ClassicFM in July 2008 and became a podcast in 2011. Every week Simon shares his views on the state of global economies, individual shares and events moving markets.
Contact Simon
More about Simon
JSE – The JSE is a registered trademark of the JSE Limited.
JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
