The median consensus forecast is for a 50 bps hike with 11 out of 20 analysts expecting that, according to a January poll
The JSE is facing higher Asian markets at the start of the new week in which all eyes will turn to the SA Reserve Bank on Thursday for its latest interest rate decision, with a hike expected.
The Hang Seng in Hong Kong gained 1.82%, the Nikkei in Japan 1.26% and the Shanghai composite in mainland China 0.76%. Most Asian markets are closed on Monday for the lunar new year holiday, including Hong Kong and mainland China...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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