Market Watcher: ECB doesn't follow the Fed, and SA retailers under pressure

RMB's John Cairns discusses the interest rate decisions from the US and the European Central Bank – with the latter indicating a continued cycle of hikes and the US banking crisis taking the pressure off the Fed – and what this means for the rand.

Viv Govender of Rand Swiss discusses the market’s reaction to the central banks' decisions, Pick n Pay's results leaving the market bothered, Spar's search for a new CEO, and statements out of Famous brands and AB InBev.