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Reminder - the South African Central...>

SOUTH AFRICA
SOUTH AFRICA: Reminder - the South African Central Bank hold their latest policy
decision today, with no set time (they usually post a warning ahead of time.
Historically the decision is announced at around 1400GMT). Analysts are split on
the SARB's actions today, with 11 expecting a 25bps hike and 10 expecting no
change at 6.50%. On a rate hike USD/ZAR likely revisits support at around the
13.70 mark and a hold probably lifts rate back between the 50-, 100-dmas at
14.42 and 14.20.
Today's rate decision follows yesterday's below-expectations CPI release, making
the analyst expectations today somewhat stale and out of date.

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