Baweja: S. Africa’s Bonds & Currencies Opposite of Japan

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South African Reserve Bank may lower inflation forecast for 2026 due to a strengthened Rand and lower oil prices, ahead of its first interest-rate decision of the year.

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Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Goldman Sachs and Morgan Stanley see room for the South African Reserve Bank to lower its inflation forecast for 2026 due to a strengthened Rand and lower oil prices. Policymakers prepare for their first interest-rate decision of the year later this week. Bhanu Baweja, Chief Strategist at UBS Investment Bank spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche about the country’s performance compared to Japan’s volatility. (Source: Bloomberg)

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Original article published by Bloomberg on January 28, 2026.
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