Monthly market view
This newsletter sets Seed’s summary of the current market conditions across the different asset classes ranging from equities, cash, bonds, property, hedge funds and offshore assets.
Documents
Latest Monthly Market Overview
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| Date added: | 11/10/2009 |
| Date modified: | 05/18/2012 |
| Filesize: | 173.5 kB |
| Downloads: | 4088 |
Market Overview - April 2009
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| Date added: | 05/07/2009 |
| Date modified: | 05/07/2009 |
| Filesize: | 186.72 kB |
| Downloads: | 951 |
With global interest rates at all time lows, central banks have now started a process of "quantitative easing" - a euphemism for printing money.
South Africa remains relatively slow in reducing interest rates in comparison to other countries. The MPC will announce the rate change on the 30th April and the consensus is for a drop of 1% to a repo rate of 8,5%. Banks' prime lending rate should drop to 12%.
Market Overview - February 2009
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| Date added: | 05/07/2009 |
| Date modified: | 05/07/2009 |
| Filesize: | 254.35 kB |
| Downloads: | 682 |
Market Overview - March 2009
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| Date added: | 05/07/2009 |
| Date modified: | 05/07/2009 |
| Filesize: | 154.35 kB |
| Downloads: | 665 |
Seed Monthly Market Overview July 09
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| Date added: | 07/14/2009 |
| Date modified: | 07/14/2009 |
| Filesize: | 218.28 kB |
| Downloads: | 1358 |
The repo rate has been slashed back dramatically from a recent peak of 12% in June 2008 to its current 7,5%. The expectation at the end of June was for a further 0,5% cut but this was not to be. We have now possibly seen the last of the rate cuts - a full 4,5% over the last 6 months. The failure to cut rates again was surprising, but inflation remains on the high end.