This week, the South African market begins positioning ahead of next week’s MPC meeting, with domestic inflation data in focus. CPI (YoY) is set for release on Wednesday, with the market expecting a 0.3% increase, bringing the annual inflation rate to 3.1%.
On Thursday, attention turns to the Eurozone, where the European Central Bank will announce its latest interest rate decision. Market expectations are for the ECB to hold rates steady.
