Archive for November 4th, 2008

Daily Archive
Tuesday, November 4th, 2008

Interest rate cuts ahead in South Africa


By Cees Bruggemans
Events have marched on to a point where the first of a series of SARB rate cuts are coming into view, timing as always the prerogative of the SARB.
But do paint in a very high probability for December 2008 and a near certainty for February 2009 for the first cut.
In contrast, the [...]

1 Comment » - Posted in South Africa by Prieur du Plessis
Tuesday, November 4th, 2008

SA Purchasing Managers Index declines further


By Mokgatla Madisha
The seasonally adjusted Investec PMI declined to 46.2 from a revised 47.7 in September, with slowing demand and a reacceleration of input costs weighing down on the manufacturing sector.
With a slowdown in domestic demand and increasing evidence of further moderation in growth by the most important trading partners, the sector is set for [...]

No Comments » - Posted in South Africa by Prieur du Plessis
Tuesday, November 4th, 2008

When the chickens come home to roost


Today’s post deals with the issue of large redemptions facing the hedge fund industry. “This is likely to keep markets under pressure through the balance of this year. It is therefore quite possible that the hint of optimism which sneaked into markets last week will prove to be premature,” argues guest contributor Niels Jensen.

4 Comments » - Posted in Guest Bloggers, Investment, Markets, Money by Prieur du Plessis