Local equities in the green, but rand faces pressure
Marco Efstathiou of Absa CIB unpacks gains in local equities amid a global tech sell-off, concerns over AI spending and a weaker rand.
He discusses Asian market losses, led by technology stocks such as Samsung, and explains why investors are watching earnings from US banking giants.
He rounds off with a look at commodity markets, where gold remains a safe-haven asset.
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