March : Market Review
GLOBAL MACROECONOMIC OVERVIEW Financial markets experienced increased volatility in March, as geopolitical developments took centre stage. While the year started on a constructive footing — with stronger growth expectations and moderating inflation — the escalation of conflict in the Middle East has shifted the balance of risks to the downside. In particular, the US–Israel conflict […]
February : Market Review
GLOBAL MACROECONOMIC OVERVIEW Financial markets were broadly positive in February, supported by strong commodity prices and broader market breadth as investors rotated away from large U.S. tech companies. The outlook for economic growth remained constructive and inflation continued to moderate. Towards the end of the month, geopolitical tensions escalated in the Middle East, with the […]
January : Market Review
January 2026 marked a constructive start to the year for financial markets, although it was not without volatility. Global growth remains steady, inflation is moderating in most regions, and central banks are proceeding cautiously as they balance economic support with fiscal risks. Geopolitical tensions also remain elevated following a U.S. military operation in Venezuela to […]
Market Review 2025
south african market review : 2025 SOUTH AFRICA MARKET REVIEW The year 2025 was a strong, eventful year for financial markets. The year began with macro uncertainty and aggressive trade policy shifts which signalled economic contraction and a downturn in the stock market. After a period of policy uncertainty, economic activity accelerated in […]