OIG Monthly Market Review – April 2024
In April 2024, global commodity markets thrived, driven by a synchronised manufacturing recovery that spiked demand for metals like gold and copper.
In April 2024, global commodity markets thrived, driven by a synchronised manufacturing recovery that spiked demand for metals like gold and copper.
March 2024 saw the world’s economy ebb and flow as political moves and natural events impacted market sentiment. Different parts of the world each face unique trends and challenges, resulting in a clear view of the interconnectedness of the various economies across the globe.
The speculation over whether South Africa will avoid a recession has finally been put to rest, with the GDP figures for the 4th quarter of 2023 confirming that economic growth remains in place, albeit at a snail’s pace.