The Week in Perspective

--:--
A feverish week of central bank activity around the globe has left markets at extremes. The Fed hiked by 75%, leading our own Reserve bank to follow in lockstep, despite a markedly different inflation picture and growth and employment concerns.
Currency prices were rattled too after Japan intervened in the foreign exchange market to buy Yen for the first time since 1998.
The Yen surged against the dollar after the intervention. Some analysts were sceptical, the battered currency would stay strong given the loose monetary policy by the Bank of Japan contrasted with hawkish moves this week by the Federal Reserve and other central banks.
Investors might be excused for wanting to take a breath on Friday, but further digestion of the week's central bank action along with inflation data in Asia and economic readings in Europe could beget more volatility.
And we’ve got an energy Minister who reckons a 15 year old energy crisis is being caused by something that’s happened in Europe in the last 8 months.

To put the week into perspective Michael Avery is joined by Warwick Lucas, Head of Galileo Securities; Isaah Mhlanga, Chief Economist at Alexforbes and Raymond Parsons, Professor in the School of Business and Governance at NWU
23 Sep 2022 7AM English South Africa Business · Business News

Other recent episodes

The Big Idea - 07 Dec 2023

Currency devaluations, coups and green hydrogen potential are factors that have been identified by Oxford Economics Africa as trends to watch on the continent next year. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day for more insight into the group's watchlist for the continent as…
7 Dec 2023 8AM 19 min

Listen! 2024: What to watch in Africa in 2024

Currency devaluations, coups and green hydrogen potential are factors that have been identified by Oxford Economics Africa as trends to watch on the continent next year. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day for more insight into the group's watchlist for the continent as…
7 Dec 2023 8AM 7 min

Listen! Construction industry returns to growth in Q3

Construction activity has picked up in the third quarter, according to the Afrimat Construction Index which sits at a 7-year high of 131.5 points. Business Day TV unpacked the index in greater detail with Independent Analyst, Roelof Botha.
7 Dec 2023 8AM 7 min

Listen! Is Naspers finally done burning through cash?

Naspers, having weathered a decade of questionable investments, strategic shifts and substantial losses is now showing signs of a positive turnaround, according to Financial Mail's Ann Crotty. Business Day TV discussed this in more detail with Crotty.
7 Dec 2023 8AM 7 min

Listen! The state of the airline industry

As the aviation industry continues to soar post the 2020 Covid-19 hit, analysts aren't expecting a slowdown anytime soon. According to research by the International Air Transport Association, the sector's net profit is expected to climb by 3.8% to $25.7 billion in 2024. Business Day TV caught up with Rene…
6 Dec 2023 10AM 10 min