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JSE Calender Tracker: January 2017
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Related Topics |
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This page looks to provide users with a summary of the movements of the JSE All Share index over the particular month in question. Significant market events (if any will be discussed below the calender graphic).
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January 18: Statistics South Africa releases December 2016 inflation figures, and the figure comes in at 6.8% for December 2016 compared to December 2015 (outside of the South African Reserve Bank's target of between 3% and 6%).
January 23: South African Reserve Bank (SARB) Monetary Policy Committee (MPC) starts their two day meeting in which they deliberate on what the monetary policy of the country should be.
January 23: South African Reserve Bank (SARB) Monetary Policy Committee (MPC) starts their two day meeting in which they deliberate on what the monetary policy of the country should be.
January 22: Rand/Dollar R13.59
January 24: MPC announces that South Africa's repurchase rate (REPO) remains unchanged at 7%. Effectively with that main stream banks base level interest rates remain at 10.5%, 350 basis points higher than the REPO rate.
January 26: Statistics South Africa publishes South Africa's Producer Price Index inflation , with the figure coming in at 7.1% for December 2016 compared to December 2015. Rand/Dollar R13.24
January 27: Statistics South Africa will be releasing new weights for the South African CPI. Would be interesting to see what CPI would have been for December 2016 if the new weights were used to calculate it.
January 30: Rand/Dollar R13.47
January 31: Rand/Dollar R13.44. South African fuel prices will increase at midnight due to stronger world oil prices. Petrol going up by 29c/litre while Diesel is going up by 21c/litre
January 24: MPC announces that South Africa's repurchase rate (REPO) remains unchanged at 7%. Effectively with that main stream banks base level interest rates remain at 10.5%, 350 basis points higher than the REPO rate.
January 26: Statistics South Africa publishes South Africa's Producer Price Index inflation , with the figure coming in at 7.1% for December 2016 compared to December 2015. Rand/Dollar R13.24
January 27: Statistics South Africa will be releasing new weights for the South African CPI. Would be interesting to see what CPI would have been for December 2016 if the new weights were used to calculate it.
January 30: Rand/Dollar R13.47
January 31: Rand/Dollar R13.44. South African fuel prices will increase at midnight due to stronger world oil prices. Petrol going up by 29c/litre while Diesel is going up by 21c/litre
Related Topics
- None yet as this is first month we doing the JSE calender tracker