Michael Keenan
Michael Keenan
Michael Fayat Keenan, Australian politician, was elected to the House of Representatives as member for the Division of Stirling, Western Australia for the Liberal Party of Australia at the 2004 federal election. Currently, Keenan is the Australian Minister for Justice...
ProfessionMusic Producer
Date of Birth10 April 1989
bulls causing drift fact inflation lock numbers oil prices rand slightly weaker worse
The weaker rand is causing some of the bulls to lock in profits. It could have been worse had it not been for the slightly better-than-expected inflation numbers and the fact that oil prices have started to drift lower.
buoyant decent domestic due economy expected likely low metal pressure prices propel remain sector stronger
Domestic consumption is likely to remain buoyant due to low inflation, but I think the manufacturing sector will remain under pressure due to the stronger rand. Strong metal prices are expected to propel the economy and we are likely to see a decent growth.
inventory levels orders purchasing sales
If you look at the subcategories, you see a backlog in sales orders while inventory levels are down and purchasing commitments are up,
africa environment foreign hardly interest low offers rate relatively south value
In the low interest rate environment globally, where there is hardly any yield, South Africa still offers value to foreign investors, with relatively low risk.
combined conducive dollar high metals prices stopped stronger
The dollar stopped firming, and combined with high metals prices this has been conducive to a stronger rand.
coming growth high remarkable
What is remarkable about this growth is that it is coming off a high base.