WEEKLY WRAP: THE PRICE OF PEACE

WEEKLY WRAP: THE PRICE OF PEACE

The global financial landscape is navigating a significant and volatile paradox. For months, markets have operated within a defensive framework shaped by energy shocks and a hawkish shift in monetary policy. This week, however, the main driver of global asset prices...
Weekly Wrap: THE QUIET CURRENCY WARS

Weekly Wrap: THE QUIET CURRENCY WARS

The term “currency war” was last in wide circulation around 2010, when Brazil’s then-Finance Minister, Guido Mantega, used it to describe what major economies were doing to their exchange rates through quantitative easing and competitive devaluation....
Weekly Wrap: THE VALUE OF LONG-TERM CREDIBILITY

Weekly Wrap: THE VALUE OF LONG-TERM CREDIBILITY

On paper, the United States (US) and South African economic metrics are not dissimilar, but markets view the two economies in two completely different lights. As such, it is a lot more expensive for South Africa to borrow from international markets than it is for the...
Weekly Wrap: LIFTOFF, BUT WATCH THE ALTITUDE

Weekly Wrap: LIFTOFF, BUT WATCH THE ALTITUDE

SpaceX filed its Initial Public Offering (IPO) paperwork this week at a $1.77 trillion valuation. The company plans to sell 555 million shares at $135 each when it lists on the Nasdaq on 12 June, raising $75 billion in the process – making it, if it lands at that...
Weekly Wrap: CENTRAL BANK FIREWALLS

Weekly Wrap: CENTRAL BANK FIREWALLS

Just six days ago, Kevin Warsh took the oath of office as the 17th Chair of the United States (US) Federal Reserve (Fed), stepping in at a time when the financial landscape feels increasingly fragile. The central banking playbook has shifted meaningfully over the past...
Weekly Wrap: The inflation pivot

Weekly Wrap: The inflation pivot

A year ago, the focus at major central banks was how quickly interest rates could be cut. The United States (US) Federal Reserve (Fed) was guiding markets toward a more neutral rate environment, the European Central Bank (ECB) had already started easing, and the Bank...