September 2023

Summary of macro-economic research views: Inflation: Disinflation as a trend remains intact, although the bias [...]

August 2023

Summary of macro-economic research views: Inflation: Disinflation remains the trend, with headline inflation in SARB’s [...]

July 2023

Summary of macro-economic research views: Inflation: Inflation continues to trend lower and may well re-enter [...]

June 2023

Summary of macro-economic research views: Inflation: Inflation continues to trend lower. The May inflation picture [...]

May 2023

Summary of macro-economic research views: Inflation: Inflation has stalled, and the latest bout of ZAR [...]

ETM’s ZAR Sentiment Indicator (ZSI) loses predictive power through load shedding

Bottom line: Although the ZAR Sentiment Indicator (ZSI) is trading at levels last seen thirteen [...]

The tide in global monetary policy is shifting

Bottom Line: Central banks remain in tightening mode, although it is important to note that [...]

USD overvaluation has retreated off its highs but remains extreme

Bottom Line On a trade-weighted basis, the ZAR has lost ground. The bulk of the [...]