Good News : ZAR saving rate now 6.75%
We’ve updated the ZAR savings rate to market competitive 6.75%.
ETFs with an ESG focus
1. iShares ESG Aware MSCI USA ETF The iShare ESG Aware MSCI USA ETF follows the S&P 500 index and has a strong MSCI ESG quality score of 8.91 and a AAA rating. It holds 320 investments, with Apple, Microsoft, Amazon, and Tesla being the largest. The fund avoids investing in areas such as nuclear […]
6 September : Markets Shake as Dollar Strength and Oil Surge Defy Expectation
In an unusual overnight session, markets experienced mixed performance. The stronger US dollar and rising oil prices raised concerns, while sector anomalies emerged. Local GDP growth, driven by reduced power outages, contrasted with disappointing earnings reports from companies like TFG.
4 September : Markets Juggle Growth and Inflation as Media Sector Weakens
Global markets are balancing growth and inflation concerns. Mixed US employment data led to sector-specific movements, with energy and materials gaining, while the media sector weakened due to contract disputes.
7 August : US Labour Data Mixed, Amazon Soars, Apple Falters, Warner Bros Expands Streaming
Last week’s US labour data showed a mixed bag of results, with weaker non-farm payrolls and a lower unemployment rate. Amazon had a great result, but Apple’s iPhone demand was soft. Warner Brothers Discovery is expanding its streaming offerings to grow its customer base and push pricing.