War raged on in Ukraine as Russia continued to attack. The rest of the world imposed sanctions on the Russian government going so far as to even remove Russia from the SWIFT banking system. In the U.S. the Federal Reserve increased the repo rate by 25 basis points to try and curb the rapidly increasing inflation rate.
In South Africa, the interest rate also went up 0.25%. The cost of fuel increased again and fueled the Uber strike. Consumers are feeling the pressure, unable to keep up with the rising cost of inflation and having no more room to tighten their belts. As we continue to see the easing of COVID-19 restrictions in SA, no masks need to be worn outdoors and 50% capacity at sporting stadiums. South Africans are excited for life to return a bit more to normal. Hopefully this will help the market strengthen again and as the market slid from a strong February performance.
Let’s see out how the bundles performed throughout March- Click on the table below.
Please kindly note that the data provided above is based on past performances and may not be indicative of future results. Another reminder that we must make mention of this for legal reasons.
The schedule above is provided to give you greater insights into the kinds of bundles we provide. You are, however, the co-pilot that should choose your own bundles and drive your own investment journey.
Happy Investing!
Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary, and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.