December 2020 The South African equity market rebounded with positive real – returns from COVID-19 losses experienced in the first quarter of 2020.The Rand ended the year stronger, gaining against all currencies considered over the final quarter of 2020 and the local inflation has come in markedly lower than the Read more…
November 2020 With the exception of Zambia and Ghana, all other African Markets considered experienced positive real returns over the last month in local currency terms. The world and the emerging market indices show an uptick over the month likely due to an optimism of a coronavirus vaccine and signs Read more…
October 2020 The JSE has initially recovered from lows in March but performed poorly over the quarter. The South African bond market continues to outperform the equity market at all durations considered. The Rand strengthened against all currencies considered in recent months. Click more to view the full Dashboard. View Read more…
September 2020 The South African bond market is outperforming the JSE at all durations considered over a period where no Repo Rate movements were reported by the Treasury. All African markets considered (including the JSE) performed poorly over the last quarter, with only Nigeria posting a notable uptick in returns Read more…
August 2020 The performance of the JSE remains relatively flat over the longer term and is negative if one allows for inflation and currency depreciation. Headline inflation is starting to increase for most countries considered. The Rand strengthened against most currencies considered over the past month except the British Pound, Read more…
Insurance companies are finding it ever more difficult to meet shareholder’s expectations of profits and return on capital and choosing on which business initiatives to focus on. QED has developed a toolbox of instruments to increase profitability and decrease the cost of capital. A description of these tools and methodology Read more…
July 2020 The JSE continues to rebound from its low in March with another month of positive real returns in local currency terms. Inflation is relatively subdued for most countries due to reduced consumer demand as a result of lockdown. The South African Reserve Bank has reduced its repo rate Read more…
The COVID-19 monitoring report produced by QED and Ecklers contains comprehensive statistics on the ongoing pandemic, covering reported infection, mortality and testing rates, excess mortality and age specific profiles of the pandemic. Click here for the report incorporates publicly available data from four different sources: The infection, mortality and recovery statistics Read more…
June 2020 Following the poor returns over the first quarter of 2020, the South African equity market rebounded over quarter two. Most of the African markets considered have also shown some recovery (apart from Ghana and Zambia). Reduced demand across most sectors has resulted in subdued inflation across most countries Read more…
In this month’s note, we discuss two applications of data science techniques that have been applied to understand the masses of COVID19 data that has been collected since March 2020. The first application shows how a data-driven summary of the data in the John Hopkins database can be produced, and Read more…