Market Watcher: Higher oil price, rising concerns

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Nelis Brink of PSG R21 runs us through the day's market moves, with the oil price continuing to pull focus. He also discusses market sentiment, the dollar index, tensions in the Middle East, the rand, and mixed developments across local sectors.
12 Mar 1PM English South Africa Business · News

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Market Watcher: Choppy waters for the markets

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.
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