TreasuryONE hosted another markets update webinar with ETM Analytics, where we discussed the most recent drivers of the markets. Discussion topics included: Are we close to the top in the inflation cycle? Globally recessions are almost a given, what will be the impact? How much more legs does the King dollar have? Heightened global risks may undermine ZAR’s near-term performance ZAR’s current blow-off against USD is more a function of USD strength than ZAR weakness