Strategy Note /
Global

ETM SA Monthly Investment Insight_August 2021

  • July and the first two weeks of August have been characterised by fluctuations in market appetite for riskier assets

  • July brought a second consecutive monthly loss for the ZAR, bearish bias persists in August

  • Drop in global commodity prices weighs on SA mining and resource stocks in August

Kieran Siney
Kieran Siney

Head of African Markets

Lloyd Miller
Lloyd Miller

Head of Developed Markets and Latin America Research

ETM Analytics
24 August 2021
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