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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 AccessSurvey To Suggest ANC Could Retain Majority in 2024
- South Africa’s governing African National Congress has a chance of retaining its majority in national elections in 2024, according to a survey conducted by the Social Research Foundation.
- The survey, the full results of which are scheduled to be released in coming days, predicts that among likely voters the ANC could win as much as 52% of the vote if there is a 56% turnout of registered voters.
- For reference, Ipsos, earlier this month predicted the ANC would win 42% if an election were held this month and Rapport, an Afrikaans-language newspaper, gave the ANC 38% of the vote, citing an internal poll conducted by the ANC and other research.
- USDZAR short-term conditions remain bullish following the latest recovery and bounce from 16.1104, the Aug 11 low.
- A continuation higher amid the ongoing greenback strength would open 17.3060, the Jul 14 high and a bull trigger.
- Initial support resides around 16.75, the 20-day EMA and close to Friday’s lows.
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.