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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ Tankan To Show Slipping Sentiment
MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday
Ramaphosa's SONA In Focus: 5 Things to Monitor
STATE OF THE NATION ADDRESS (SONA)
- Ramaphosa will deliver his annual SONA address today at 1700GMT, and analysts are expecting little progress on prior development objectives amid difficulties within the ANC as the factional split becomes more pronounced over Zuma and Magashule.
- concerns that Ramaphosa has also failed to follow through on the R500bn relief plan announced in April and many other objectives will cloud the announcement.
- Markets will be looking for a statement with concrete signs of implementation rather than new pie in the sky dreams, and are likely to be disappointed.
- Focal points will be 1) the vaccine rollout 2) plans to revive the economy 3) Measures to address electricity shortages 4) Plans for SAA 5) the auction of broadband spectrum.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.