It’s a relatively quiet week in global markets, though sentiment has improved following progress in the US Senate to end the federal government shutdown. The bill still requires final approval from the House before being signed into law, but optimism is building that operations could resume soon. Should the shutdown conclude before Wednesday, the US CPI (YoY) release will proceed as scheduled, with inflation expected to hold steady at 3.0%.
Locally, Finance Minister Enoch Godongwana will present the Medium-Term Budget Policy Statement (MTBPS) on Wednesday.
