STANLIB Weekly Focus

Weekly Focus

STANLIB keeps you in touch with the latest investment news:

  • Market, economic and investment commentary.
  • Unit trust performance updated every week.

Weekly Performance Update (06/04/2017) 
Weekly Focus (10/04/2017)

Economic Weekly

  • S&P downgraded SA's international credit rating to below investment grade AND retained the negative outlook. Fortunately, the domestic credit rating is still investment grade.
  • Fitch also downgraded SA's international AND domestic credit rating to below investment grade, but the rating outlook is stable.
  • The Rand is the worst performing emerging market currency in the past ten days, after been the best performer in the first few months of the year.
  • US created only 98 000 jobs in March, well below expectations. But the unemployment rate fell to 4.5%. Some evidence that the US labour is nearing full-employment, BUT wage growth is still modest.
  • Risk to SACU ratings.

Please follow our regular economic updates on twitter @lingskevin