Zuvar Solartech’s Post

Bloomberg - The #SouthAfrican stocks rallied and the rand gained, defying the global selloff in risk assets, as investors cheered an agreement between rival political parties to back the reelection of #CyrilRamaphosa as president. The deal sets the stage for a broad #government alliance led by the African National Congress #ANC and the business-friendly #DemocraticAlliance, following an election in which the ANC lost its outright majority for the first time since 1994. “Such a coalition would be market-friendly and rand-positive,” said #YeonJinKim, an emerging-market analyst at #CreditAgricole, in a note to clients. “In the medium term, we believe there could be more upside for the rand, provided key reforms are announced and implemented.” #MarketConfidence #SouthAfrica #Economics #Politics #MoneyMatters #ANC #DA #Africa #Stocks #GDP #Banking #Markets #TheAfricaWeWant https://lnkd.in/dDMFit99

Johnny Chen, CFA, recently visited Pakistan to uncover what the future holds in a post-election landscape. Johnny answers six questions for emerging markets debt investors in our latest blog: https://lnkd.in/gG_xpkWF #ADeeperLook

🎥 Earlier today, our Head of Research, Patrick Ejumedia Ph.D was at CNBC Africa to discuss the equities market, likely monetary policy committee (MPC) decision, and the impact on market sentiments as well as the outlook for March. Watch the full video here - https://lnkd.in/dSHiqYxm . . #samtl #moneymarkets #investment #nigeriaeconomy

Emerging Market Debt ‒ Monthly Market Musings by Allianz Global Investors ‒ May 2024: "Taking cues from the Fed" This month’s publication looks at how emerging markets have fared against a backdrop of Middle East geopolitical tensions, higher US Treasury yields, US dollar strength and ongoing debt restructuring talks. It also includes a focus on South Africa – and how markets are positioning ahead of general elections on 29 May. #NavigatingRates #EMD #EmergingMarkets #MiddleEast #SouthAfrica #MonthlyMarketMusings *** DIRECT ACCESS TO THE DOCUMENT (pdf) ***

Emerging Market Debt ‒ Monthly Market Musings by Allianz Global Investors ‒ May 2024: "Taking cues from the Fed" This month’s publication looks at how emerging markets have fared against a backdrop of Middle East geopolitical tensions, higher US Treasury yields, US dollar strength and ongoing debt restructuring talks. It also includes a focus on South Africa – and how markets are positioning ahead of general elections on 29 May. #NavigatingRates #EMD #EmergingMarkets #MiddleEast #SouthAfrica #MonthlyMarketMusings

Where to for Chinese equities in 2024? That was a point of discussion on CNBC Street Signs with Will Koulouris earlier this week. We also touched upon the outlook for other Asian equity markets this year. 📺 Watch the interview here: http://grp.hsbc/6041rwb8F #HSBC #HSBCResearch #Asia #Equities #China

Dawie Roodt shares good news about South Africa’s markets Roodt told POWER 98.7 that the JSE is at least 30% undervalued compared to its global peers. “Global markets had a tremendous run over the last year or two, but South Africa missed out on this bull market,” Roodt said. #Election #financialservices #markets #economics #investments #economicgrowth #business #USdollar #JSE #holistic #financialwellbeing #wellness #finances

The outcome of the CDIS 2022 ia here:

Indonesia: Incoming president-elect Prabowo Subianto has voiced his intention to increase fiscal spending and raise the country’s debt ratio to achieve 8% growth. As he sets out to gain a strong parliamentary coalition, the likelihood of legislative changes to relax fiscal rules – in particular, the 3% GDP fiscal deficit ceiling – is rising in the medium term and this will be a key risk to watch. These concerns are compounded by the scheduled departure in October of respected Finance Minister Sri Mulyani, who has been a reassuring safeguard of fiscal discipline. However, an improving foreign reserves outlook and conservative issuance target should support Indonesian government bonds in the near term.