Short
SA FMS Survey - they are getting bullish at the top

- DTOP has now bounced 37% from its March low.
- and is 10% below its 5-year average price.
- NOW, SA fund managers are bullish.
They also said they want to sell offshore assets, buy ZAR and buy SA equities & bonds
Could explain ZAR strength
- and is 10% below its 5-year average price.
- NOW, SA fund managers are bullish.
They also said they want to sell offshore assets, buy ZAR and buy SA equities & bonds
Could explain ZAR strength
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.