Market Watcher: When will reality be seen in the market?

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Viv Govender of Rand Swiss discusses US jobs data, Friday’s market fall and the possibility of
renewed interest rate hikes. He also covers a weaker rand and the JSE’s resilience despite
mixed retail results from Mr Price and TFG. He examines ongoing geopolitical risks,
including tensions without a US-Iran ceasefire, and the potential impact of disruptions in
the Strait of Hormuz on oil prices and smaller economies.
8 Jun 1PM English South Africa Business · News

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Market Watcher: Oil prices return to 16-week lows

David Shapiro of Otto1890 discusses weaker gold and oil prices, with crude falling below $75 a barrel for the first time in 16 weeks. He says lower oil prices should support consumers and consumer stocks on the JSE, and expects the SA Reserve Bank to keep interest rates unchanged.
24 Jun 1PM 7 min