Old Mutual Investment Group’s Post

Pakistan's prospects for attaining higher credit ratings hinge on the outcome of this week's elections and whether the resulting government can advocate for rigorous reforms, according to S&P Global Ratings. #Pakistan #CreditRatings #Elections #Reforms #SPGlobalRatings https://lnkd.in/e3k4DZ9k

The JSE had a great start to the week, adding 1.36% to finish at 77 746 points, as investors evaluated the national elections results. Although the ANC fell short of securing enough votes for sole governance, reports confirmed ongoing negotiations with the DA to establish a coalition. At 18h00, the rand had strengthened 1.11% to R18.53/$, 0.89% to R20.16/€ and 0.76% to R23.76/£. Read what else happened in the markets yesterday: https://lnkd.in/eintguW4

The JSE had a great start to the week, adding 1.36% to finish at 77 746 points, as investors evaluated the national elections results. Although the ANC fell short of securing enough votes for sole governance, reports confirmed ongoing negotiations with the DA to establish a coalition. At 18h00, the rand had strengthened 1.11% to R18.53/$, 0.89% to R20.16/€ and 0.76% to R23.76/£. Read what else happened in the markets yesterday: https://lnkd.in/eintguW4

The UK elections are quickly approaching. Leaving many of our clients asking new questions. - “Should we hold off on large payments?” - “Do we need to change our payment schedule?” - “Are we safe with the strategy we’re currently using?” And they’re all great questions. So here’s some advice I’ve given clients over the last few weeks ⤵️ Yes, the uncertainty of elections can lead to some unhappy markets. And while we never want to make predictions… We should always aim to be planning ahead. I do this by equipping my clients to handle ANY issues in the market. Regardless of this specific election’s outcome. Because I want you to focus on your business and not be distracted by currency. I start by educating myself on both ends. This way, I can put the odds in my client’s favour, mitigating their risks of volatility. Because preparing for either outcome is the only way to ensure peace of mind in your accounts. P.S. I will be giving away a bottle of champagne to anyone who gets the cable rate right the day after the elections at exactly 2pm. 🍾

📊 Markets and Elections: A new report from SIFMA Insights analyzes market performance, volatility, and volumes around U.S. Presidential elections. Download now ⬇️ https://bit.ly/3C6TIuf As we head into the U.S. elections, SIFMA Insights has analyzed equity market performance (index price), volatility (VIX), and volumes (ADV) around U.S. Presidential elections back to 1992. Our report finds results were mixed for market performance and volumes, while volatility established a consistent downward path. While one could have reasonably expected to see a clear pattern, in real life, ceteris paribus (all other things being equal) does not apply. In other words, it is hard to separate out all of the factors in play around elections, including: the economy; geopolitical tensions or wars; and financial market conditions. Explore the full report to learn more. #equitymarkets #equities #VIX

With only one day to go before the SA elections, the market is taking a wait-and-see approach. With the US markets closed for Memorial Day and the UK taking a bank holiday yesterday, the rand’s movement was further muted. The rand traded in a narrow range of R18.30/$ to R18.45/$ for most of the day, with lowered risk appetite seeing traders not taking on big positions before this week's all-important election. Data due out today includes the US House Price Index. We will also pay attention to speeches by several FED members. The rand is steady at R18.35/$, R19.95/€ and R20.45/£ as we await tomorrow’s elections. Please note, we will not publish a Daily Commentary tomorrow, due to the election public holiday. #MarketNews #CitadelGlobal #FinanceNews

As the UK heads to the polls today and the French elections are around the corner on Sunday, it's crucial to consider the factors shaping voter sentiment. Many individuals perceive themselves as less financially secure compared to previous generations, as highlighted by Scott Galloway in his insightful TedTalk and accompanying chart. Amidst growing concerns over inflation and structural economic shifts in the West, voters are increasingly holding incumbents accountable. The key focus for market participants now lies in understanding the potential inflationary impacts of new policy directions and their implications for fragile fiscal landscapes. #UKelections #FrenchElections #VoterSentiment #Inflation #EconomicPolicy #MarketAnalysis #Europeancredit #FixedIncome

Businesses see IMF, SIFC holding key to better future The upcoming general elections have reignited hope within the business community, anticipating an end to uncertainty and a path towards economic revitalization, regardless of the party or parties that form the post-February 8 government. Yet, they caution that a weak coalition or hung parliament could further deteriorate the economy, lacking the necessary resolve to address pressing issues. #election2024 #trendingnews #government

As the year of elections continues, both results in France and the UK have delivered the basis for significant changes in the two countries. What does this mean for the markets and their economies? Julius Baer's research team takes a closer look in our Research Weekly: https://ow.ly/ratL30sESCH #MarketOutlook

#Bangladesh's new interim government, led by economist Muhammad Yunus, is driving key reforms to restore law and order, energize the economy and prepare for inclusive elections. Discover more by reading BowerGroupAsia's #AsiaStreet post. https://lnkd.in/egvm4UAv