February 27, 2024 9:00 AM UTC
Bottom line: We foresee two possible outcomes of South African presidential elections on May 29, either a African National Congress (ANC) win or a coalition government. It appears ANC is at the risk of losing its majority as the recent polls suggest support for the ANC has dipped below 50%. Unless s
February 26, 2024 12:59 PM UTC
We expect January durable goods orders to see a plunge of 6.5%, largely due to aircraft slipping sharply from two straight strong months. Ex-transport we expect an unchanged outcome in a pause after two straight gains of 0.5%.
February 26, 2024 11:00 AM UTC
Bottom Line: 2024 official interest rate easing expectations in financial markets now look better aligned to baseline prospects from leading DM central banks due to good big picture progress towards inflation targets. The start of ECB/BOE easing in Q2 and Fed easing in Q3 will likely see markets