Jsedirect With Simon Brown

Purple Group Thrives, gold flies (#583)

Informações:

Synopsis

UK and Local Inflation: UK inflation surprises at 3.2%, lowest in over two years. US Fed unlikely to cut rates soon, waiting for FOMC meetings. South Africa's CPI data for March at 5.3%, showing a positive trend. Potential for SA rate cuts, depending on US decisions. [caption id="attachment_41866" align="aligncenter" width="849"] SA Inflation 5.3% for March 2024[/caption] China and Commodities: China's GDP surpasses expectations at 5.3%, amid concerns over Fitch downgrade. Export data reflects overstocking, driving prices down. Despite challenges, China's market appears interesting. [caption id="attachment_41867" align="aligncenter" width="849"] Chinese GDP YearONYear per quarter[/caption] PGMs, oil, gold, and other commodities. Gold remains strong, targeting $2500. Recent attack on Israel by Iran affects oil prices. WeBuyCars listing and potential market impact. Transaction Capital analysis and investor considerations. Purple Capital* Results: Purple Capital swings back to profit, surprising the mark