ETM Analytics
ETM Analytics

ETM Analytics

ETM Analytics provides financial market and economic intelligence using quantitative frameworks on emerging and frontier markets to traders, treasury professionals, buy-side and corporate executives.
Location: South Africa

Analysts

Latest articles from ETM Analytics

Africa to receive its first batch of 400mn doses of J&J vaccines

FX markets watched the ECB closely, taking in comments by the ECB President Christine Lagarde before making a further call on the outlook for the dollar. It is also instructive to note that the cash price of copper over its 3m equivalent has widened ...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 23 July 2021

SARB July MPC: Policymakers still in no rush to hike rates

The SARB opted to once again keep its Repo Rate unchanged at 3.50%, with the decision being unanimous. In terms of forecasts, the QPM model shows the repurchase rate at 3.79% by the end of 2021. This is down from the 4.07% seen at the previous meetin...
ETM Analytics Lloyd
Lloyd Miller @ ETM Analytics 22 July 2021
SARB July MPC: Policymakers still in no rush to hike rates
SARB July MPC: Policymakers still in no rush to hike rates

SARB MPC Preview - Structural factors point to limited reason for rate hikes

Amid rising risk of a lower growth path, there is some reason to think that we could see a more dovish twist in SARB forward guidance despite expectations for inflation to remain well above the 3.5% repo rate in the months ahead. The MPC will seek to...
ETM Analytics Michael
Michael Potgieter @ ETM Analytics 22 July 2021

South Africa likely to follow in Mozambique's foot steps and leave rates on hold

The USD shed ground overnight as risk appetite revived following strong earnings reports on Wall Street. The firming of the AOA is in part attributable to a notable rate hike earlier this month by the Bank of Angola. Fitch noted that the deterioratio...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 22 July 2021

Ghana's economic recovery comes at the cost of worsening public finances

Global markets remain focused on monetary policy. Exports meanwhile rose 6.7% m/m to 455.22mn and 52.2% y/y amid an improvement in economic activity following the easing of lockdown measures that had disrupted trade activities in May last year. With ...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 21 July 2021

Rwandan Franc and Ethiopian Birr strengthen despite risk-off conditions

The big news in East Africa this week is that Ethiopia is planning to start producing electricity from the disputed hydropower dam on the Nile River. This comes after the government completed the second phase of filling the giant reservoir, according...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 20 July 2021