Market News
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South Africa Consumer Price Index (MoM) dipped from previous 0.2%Â to 0% in August
South Africa Consumer Price Index (MoM) dipped from previous 0.2%Â to 0% in August
South Africa Consumer Price Index (YoY) registered at 4.4%, below expectations (4.5%) in August
South Africa Consumer Price Index (YoY) registered at 4.4%, below expectations (4.5%) in August
Indonesian Rupiah holds losses following BI rate decision
USD/IDR loses ground for the second successive day, trading around 17,850 during European hours on Wednesday. The pair holds losses as the Indonesian Rupiah (IDR) remains subdued following the release of Bank Indonesia (BI) interest rate decision.
Euro remains muted after mixed German flash PMI data
The Euro (EUR) remains almost steady against its major currency peers after the release of the German preliminary HCOB Purchasing Managers’ Index (PMI) data for September.
WTI Oil hovers at two-week lows near $89.00 awaiting Middle East developments
Oil prices maintain their negative trend on Wednesday, with the price of the US benchmark West Texas Intermediate (WTI) barrel flatlining at the $89.00 area, its lowest level in nearly three weeks and 13% below last week’s highs.
Hungarian Forint: HUF outlook mixed after NBH pause – ING
ING strategist Frantisek Taborsky says the National Bank of Hungary (NBH) delivered an expected pause in rate cuts and lowered its inflation target to 2.5%, creating a supportive backdrop for the Hungarian Forint.
Germany’s flash Manufacturing PMI unexpectedly drops to 53.8 in September
German flash HCOB Manufacturing PMI has come in lower at 53.8 in September. The data was expected to arrive higher at 54.5 from 54.3 in August. However, the overall business activity remain stronger-than-expected due to robust Services PMI data.
Equities: Flat close with sector rotation – Deutsche Bank
Deutsche Bank strategists note that United States (US) equities finished virtually flat, as strength in technology and semiconductor stocks offset a sharp decline in financials.
Germany HCOB Manufacturing PMI came in at 53.8, below expectations (54.5) in September
Germany HCOB Manufacturing PMI came in at 53.8, below expectations (54.5) in September
Germany HCOB Services PMI came in at 52.9, above expectations (50) in September
Germany HCOB Services PMI came in at 52.9, above expectations (50) in September
Germany HCOB Composite PMI above expectations (0) in September: Actual (53.8)
Germany HCOB Composite PMI above expectations (0) in September: Actual (53.8)
Indonesia Bank Indonesia Rate meets forecasts (5.75%)
Indonesia Bank Indonesia Rate meets forecasts (5.75%)
France HCOB Manufacturing PMI below expectations (50.9) in September: Actual (50.3)
France HCOB Manufacturing PMI below expectations (50.9) in September: Actual (50.3)

