Traders Cut South Africa Rate-Hike Bets on Iran Peace Deal
Traders have scaled back bets on additional South African interest-rate hikes after a US-Iran peace deal sent oil prices tumbling, potentially reducing inflationary pressures.
By Robert Brand · Bloomberg Markets
Traders have scaled back bets on additional South African interest-rate hikes after a US-Iran peace deal sent oil prices tumbling, potentially reducing inflationary pressures.