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Market Watcher: Markets suffer as no peace deal is in sight
Published 1 day, 9 hours ago
Description
Kearabilwe Nonyana of Prime XBT says Asia-Pacific and US markets hit record highs earlier
but have since weakened amid ongoing diplomatic uncertainty and no peace deal. He points
to a split between an AI-driven equity rally and weaker commodities, while the rand
remains under pressure and government bonds have strengthened despite rate hikes.
Kearabilwe Nonyana – VIP Portfolio Manager, Prime XBT SAfm Market Update - Podcasts and live stream
but have since weakened amid ongoing diplomatic uncertainty and no peace deal. He points
to a split between an AI-driven equity rally and weaker commodities, while the rand
remains under pressure and government bonds have strengthened despite rate hikes.
Kearabilwe Nonyana – VIP Portfolio Manager, Prime XBT SAfm Market Update - Podcasts and live stream