EPISODE · Jul 2, 2026 · 9 MIN
Cautious optimism drives the markets
from SAfm Market Update with Moneyweb · host Jimmy Moyaha
Terence Hove explains the rand's performance against major currencies, how weaker US economic data supported its strong performance, and why SA remains an attractive investment destination. He also discusses US jobs data, employers' cautious approach to hiring, the easing Brent crude oil price, and the market optimism surrounding the proposed 60-day ceasefire. SAfm Market Update - Podcasts and live stream
What this episode covers
Terence Hove explains the rand's performance against major currencies, how weaker US economic data supported its strong performance, and why SA remains an attractive investment destination. He also discusses US jobs data, employers' cautious approach to hiring, the easing Brent crude oil price, and the market optimism surrounding the proposed 60-day ceasefire.
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Cautious optimism drives the markets
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