Currencies & Markets Update – March 2024

IreneNews

Currencies & Markets Update – March 2024 A rather quiet month, given the spectacular returns we have enjoyed over the previous 4 months. Markets have gained, but Rand/USD has strengthened, absorbing some of the market growth. Hence, the portfolios have moved sideways for the month. Importantly, we hang onto the gains of previous months. The US Federal Reserve kept interest …

CURRENCIES AND MARKETS UPDATE – FEBRUARY 2024

IreneNews

Another great month with excellent performances from offshore portfolios for February! (That makes +20% for the last 4 months!) PCE (personal Consumer Expenditure), similar to CPI (but more important to the US markets) came in at 2.8% year-on-year and at market expectation. The US Fed has kept interest rates unchanged at their January meeting and have signalled that we will …

Sasfin Wealth & Chambers Tax & Wealth – Market update

IreneNews

Dear Client Sasfin Wealth & Chambers Tax & Wealth – Market Update The pandemic has changed a lot of things, causing many of us to work from home and perhaps in different time zones. We embrace the changes around us and take this opportunity to give you a quick market update on the start of a new year in the …