π This Week in Markets:
US inflation ticks higher π, putting pressure on rate cuts. Powell's in no rush. Local rates also due end-July.
π China Housing Trouble:
3 years of negative home price growth in China π¨π³. Citizens frustrated as property values slide. Evergrande and other ghosts still haunt.
Chinese Home prices Year-on-Year | June 2025
π Elon Watch:
Musk injects $2B into XAI π€. Deck chairs shuffled? Investors seem to approve.
π© PGMs Shine:
Platinum and palladium break higher βͺ, supported by tightening supply. Miners like Sibanye*, Implats, and Northam bask in the glow.
π» Nvidia Milestone:
First $4 trillion company π€―. AI + autonomous driving = future. Trump eases chip restrictions.
π¦ Copper Tariffs:
Trump proposes 50% import tariffs on copper π§. Could spark domestic productionβor not.
π Gold & Oil:
Gold drifts within range πͺ. Oil facing resistance again π’, needs a breakout above $77 to excite bulls.
βΏ Bitcoin Treasury Companies:
Why buy MicroStrategy at a premium when you can just buy Bitcoin? π€·ββοΈ Financial engineering vs. logic.
π Strategy (ex-MicroStrategy) holds 600,000+ BTC.
πΏπ¦ Altvest has one BTCβalso in the mix.
π Crypto Legislation:
US considers classifying crypto as a commodity πͺ, stablecoins gaining traction. Itβs Bitcoin Week at the White House. πΊπΈ
πΈ ZAR & Tariffs:
Rand weakened after US slaps 30% tariffs on SA imports β οΈ. Trumpβs unpredictability rattles markets.
π§ Coming Soon on Power Hour:
π
August: Moxima Gama on advanced charting
π
November: Keillen Ndlovu on REITs (local & offshore)
π§ Powered by Standard Bank Global Markets and Shift, the global money app π³
π Travel | π± Forex | π Spend | π Invest β All in your hand.
π§ Leave a rating and review β every bit helps!
π’ Back next week with more market insights.
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Β
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