As expected, South Africa central bank kept rates unchanged at +6.75%. The decision to keep policy steady was unanimous. The MPC considers monetary policy to be moderately accommodative Overall risks to inflation remain tilted to the upside Economic challenges are structural, with access risks to be to the downside Policymakers cut its inflation forecasts, adding
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Crude oil prices were able to recover initial losses this week as the latest data from the Energy Information Administration showed a larger than forecast draw in stockpiles. The EIA data for the week ending January 11th, showed US crude inventories falling by 2.7 million barrels versus the expected drawdown of 1.3 million barrels. In
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Luego de la estrepitosa caída de los mercados bursátiles en EE.UU. a fines de año, había bastante comentario en la prensa sobre una posible recesión. Pero luego de que el Dow marcara uno de sus mejores comienzos de año, ya la prensa dejó el tema. Europa permaneció ignorado en ese sentido, a pesar de tener
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Can talks with opposition parties yield a solution? The Brexit saga continues to dominate the headlines after Theresa May’s government narrowly – albeit predictably – survived a no confidence vote in parliament on Wednesday. This comes 24 hours after her deal suffered a humiliating defeat in parliament and as she seeks to engage in discussions
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