Events that moved the market 2016
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4 Jan 2016
Source: Bloomberg
China halts stock trades
Trades in Chinese stocks are suspended after a 7% rout triggers the circuit breaker.
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11 Jan 2016
Source: Moneyweb
Rand buffeting continues
Rand collapses to record R17.92 against the dollar after turmoil in China causes an emerging market sell-off.
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15 Jan 2016
Source: BDlive
JSE welcomes AB InBev
Global beer brewing giant AB InBev lists on the JSE at R1 938 a share.
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20 Jan 2016
Source: AFP
Oil dirt cheap
Brent crude slides to below $28 a barrel – hitting a new 12-year low.
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28 Jan 2016
Source: National Treasury
Repo rate hiked by 50bps
The SA Reserve Bank raises the repo rate by 50bps to 6.75% p.a.
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29 Jan 2016
Source: AFP
Japan turns to negative rates
In a surprise move, the Bank of Japan cuts its short-term bank deposit rate to negative, similar to Switzerland in 2015.
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24 Feb 2016
Source: Moodys.com
Last blow for Brazil
Moody’s, following in the footsteps of S&P and Fitch, also downgrades Brazil’s government bonds to junk status.
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26 Feb 2016
Source: Financial Times
Barclays Africa for sale
News leaks that Barclays will exit its African business.
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7 Mar 2016
Source: BDlive.com
Old Mutual to unbundle
News that Old Mutual may unbundle its businesses and restructure significantly boosts the JSE.
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8 Mar 2016
Source: AFP
Chinese exports plummet
China reports the largest decline in exports since May 2009.
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22 Mar 2016
Source: Reuters
Bombings shock Belgium
European stocks fall shortly after two suicide bombings kill several at Brussels airport.
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28 Apr 2016
Source: Bloomberg News
US labour market strong
US jobless claim figures show unemployment is near a 4-decade low.
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18 May 2016
Source: Statistics SA
SA inflation steady
Annual CPI to end April clocks in at 6.2 y/y.
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31 May 2016
Source: Bloomberg News
European inflation remains negative
Prices are 0.1% lower in May than a year earlier.
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8 Jun 2016
Source: Statistics SA
SA GDP shrinks
GDP contracts an annualised 1.2% in the first quarter of 2016.
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14 Jun 2016
Source: Financial Times and The Economist
ECB may buy troubled bonds
Germany’s highest court decides an ECB scheme to buy troubled states’ bonds in secondary markets is constitutional. 30-Year German bond rates fall to their lowest level on record.
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23 Jun 2016
Source: BBC
Britain votes to leave
British voters’ surprise decision (52% majority) to leave the European Union creates havoc in international markets. Cameron resigns as prime minister.
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21 July 2016
Source: fin24
SA growth halts
The SA Reserve Bank revises its growth forecast for 2016 down to 0%.
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26 July 2016
Source: Bloomberg News
SA rand debt downgraded
Fitch downgrades SA’s local-currency debt rating to bring it in line with its foreign-currency rating – one notch above junk.
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4 Aug 2016
Source: CNBC
BoE relaunches easier money
The Bank of England cuts interest rates and restarts bond purchases to mitigate the impact of Brexit.
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15 Aug 2016
Source:CNBC
US stocks edge even higher
All three major US indices - the Dow Jones, S&P 500 and Nasdaq – reach a fresh high on the same day.
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31 Aug 2016
Source: fin24
Futuregrowth halts SOE loans
Futuregrowth suspends further loans to Eskom, Transnet, Sanral, Landbank, IDC and DBSA after concern over the new government structure to oversee all state-owned enterprises (SOEs).
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31 Aug 2016
Source: Reuters
Nigeria in recession
Nigeria's GDP shrinks by 2.06% in Q2, officially marking a recession. The non-oil sector fell due to a weaker currency while lower oil prices are dragging down the oil sector.
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11 Oct 2016
Source: fin24
Good bye, SA Breweries
Anheuser-Busch InBev completes the merger with SABMiller. AB InBev has been dissolved.
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26 Oct 2016
Source: BusinessTech
Treasury revises SA growth
National Treasury revises its 2016 growth forecast for SA down to 0.5%.
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27 Oct 2016
Source: Bloomberg News
UK economy steady
The UK’s 0.5% growth rate in the three months after the vote to exit the EU is faster than forecast.
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31 Oct 2016
Source: Fin24
Reprieve for Gordhan
The NPA drops charges against minister Pravin Gordhan, Oupa Magashula and Ivan Pillay.
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9 Nov 2016
Source: WSJ
Trump triumphant
Global markets reel as Donald Trump wins the US presidential elections.
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22 Nov 2016
Source: Statistics SA
SA jobs shrink even more
SA unemployment rises to 27.1% in Q3 2016. This means 5.9m South Africans are currently without work — the highest number since 2003.
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23 Nov 2016
Source: Bloomberg News
Asian bonds tremble post Trump
Investors sell almost $5bn of bonds in Asia's local-currency debt markets in the week following Trump's victory.
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2 Dec 2016
Source: iol
S&P downgrades rand debt
Standard & Poor's downgrades South Africa's local debt by one notch to BBB, still two notches above junk.
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2 Dec 2016
Source: European Union’s statistics office
Eurozone employment strong
Eurozone unemployment unexpectedly declined in October to the lowest level in more than seven years.
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4 Dec 2016
Source: Daily Maverick
Italian prime minister quits
Prime Minister Matteo Renzi is voted out of power in a referendum on constitutional reform, resulting in Renzi announcing his retirement.
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6 Dec 2016
Source: Statistics SA
SA running on little steam
SA ekes out GDP growth of only 0.2% in Q3 2016, with mining, finance, real estate, business services and general government services being the main contributors.
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9 Dec 2016
Source: AFP
More stimulus for Europe
The European Central Bank (ECB) announces that it will extend stimulus beyond March 2017 but plans to slow the pace of bond purchases in April.
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9 Dec 2016
Source: AFP
Further records for US markets
The Dow, the S&P 500 and the Nasdaq all reach fresh records after the ECB’s announcement.
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12 Dec 2016
Statistics SA
More jobs for SA
A total of 93 000 jobs are created in Q3 2016. These were mainly in the community and social services, and in institutions such as technikons.
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14 Dec 2016
Source: AFP
US hikes fed rate
The US raises the federal funds rate for only the second time in a decade.
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21 Dec 2016
Source: AFP
Italian bank in trouble
Europe's main stocks retreat on worries over Italy's troubled bank Monte dei Paschi di Siena.
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