The waiting game…

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The waiting game…

29.08.2016 07:24

The day is finally upon us – p rominent central bankers, finance ministers, econ omists and market participants  have all  made  their way to Jackson Hole, Wyoming for the  Fed’s annual symposium  that  kicked off yesterday. On occasions, former  US  Fed  C hairman,  Ben  Bernanke, used  this  pl atform  to  indicate major  changes in  monetary  policy.  Back in  2012, Bernanke ...

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Data Deluge

24.08.2016 13:27

Fitch ratings agency quietly downgraded South Africa’s local currency Long – Term Issuer Default Rating to BBB – with a stable outlook, aligning it with the foreign currency rating , as one notch above junk status. This was due to the rating agency making changes to its sovereign methodology, consequently leading to 22 other countries also experiencing sovereign downgrades. The...

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S.A. creeps one step closer to junk status

02.08.2016 09:29

Fitch ratings agency quietly downgraded South Africa’s local currency Long – Term Issuer Default Rating to BBB – with a stable outlook, aligning it with the foreign currency rating , as one notch above junk status. This was due to the rating agency making changes to its sovereign methodology, consequently leading to 22 other countries also experiencing sovereign downgrades. The...

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