Thursday, January 29, 2015

South African Reserve Bank keeps repo rate at 5.75 pct


JOHANNESBURG (Reuters) - South Africa's Reserve Bank left interest rates unchanged at 5.75 percent as expected on Thursday, saying the overall risks to the inflation outlook were more or less balanced, with no evidence of excess demand pressures on inflation.
"The MPC is aware that the moderation in inflation could raise expectations of lower interest rates," Governor Lesetja Kganyago said after a meeting of the bank's Monetary Policy Committee (MPC).
"The MPC is of the view that the bar for further accommodation remains high and would require a sustained decline in the inflation rate and inflation expectations."

Markets

Metals & Mining

Symbol Last Net Change
GOLD CON1 JPY  4,818.00 JPY  -30.00
SILVER CON1 JPY  66.70 JPY  -0.20
PLATINUM CON1 JPY  4,704.00 JPY  -27.00
PALLADIUM CON1 JPY  2,950.00 JPY  66.00
Symbol Last Net Change
BRENT CRUDE USD  49.03 USD  0.56
GAS OIL APR1 USD  477.75 USD  -0.75
LIGHT CRUDE CON1 USD  44.74 USD  0.29
NATURAL GAS CON1 USD  2.85 USD  0.01
Symbol Last Net Change
COFFEE C CON1 USC  163.30 USC  -4.40
COCOA CON1 USD  2,701.00 USD  -14.00
SUGAR 11 CON1 USC  14.92 USC  -0.24


UK £ USD =1.5120
Euro USD =1.1313
Rand USD =0.0864

African Indices

Data as of 29 Jan 2015. All quotes delayed at least 15 minutes.
Symb Index Time Last Chg Chg %
.JTOPI JSE Top 40 Tradeable Index 14:01 GMT 44,930.87 -71.53 -0.16%
.JALSH JSE All Share Index 14:01 GMT 51,096.82 -103.75 -0.20%

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