South African Core Inflation Rate YoY (Dec) Y/Y 3.3% (Prev. 3.2%)
The slight increase in South Africa's core inflation rate from 3.2% to 3.3% may indicate a modest uptick in underlying price pressures, though it remains within a manageable range.
USTR Greer says EU trade agreement focuses on trade rather than national security; however, relationship with EU negotiator remains great
ECB's Kocher says using trade policy threats as a tool for political pressures increases risk to the global economy for all parties involved in the medium and long term
South African Core Inflation Rate YoY (Dec) Y/Y 3.3% (Prev. 3.2%)
Indonesian Deposit Facility Rate (Jan) 3.75% (Prev. 3.75%)
Indonesian Interest Rate Decision 4.75% vs. Exp. 4.75% (Prev. 4.75%)
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This could have implications for the South African Reserve Bank's future policy stance, particularly as they assess the trade-off between inflationary pressures and economic growth. Traders should watch for potential reactions in the rand and interest rate expectations following this data release.
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