Weekly Review

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Impumelelo Economic Growth Lab

Weekly Review

The BER Weekly Review provides in-depth, data-driven insights into the South African and global economies. Alongside the latest statistics, we cover key financial market developments and explain what matters - from monetary policy decisions to broader policy shifts and economic drivers. Each issue also looks ahead to the coming week, highlighting events and data releases that are likely to shape the economic and market outlook. From 2026, the Review includes a concise South African political update. It is available to Premium Insights and Essential Insights subscribers.

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Markets navigate simultaneous escalation and negotiation

Date Uploaded: June 12 2026 07:00


Markets spent the week navigating the increasingly blurred line between military escalation and diplomacy as hopes of a US-Iran deal grew despite fresh attacks across the region. This week’s review explores the implications for oil prices, inflation and interest rates, including the ECB’s first rate hike in nearly three years and shifting expectations around US monetary policy. We also assess stronger-than-expected SA GDP growth, growing anti-immigration tensions ahead of the 30 June deadline and the political challenges facing the ANC in the run-up to November’s local government election.