SOUTH AFRICA: Core CPI Tops Expectations, Headline Inline

Oct-22 08:05

South Africa's headline CPI was inline with expectations, however core inflation topped consensus by 0.1ppts on both the M/M and Y/Y reading.

  • South Africa CPI (Sep) M/M 0.2% vs. Exp. 0.2% (Prev. -0.1%), Y/Y 3.4% vs. Exp. 3.4% (Prev. 3.3%)
  • Core CPI (Sep) M/M 0.3% vs. Exp. 0.2% (Prev. 0.1%), Y/Y 3.2% vs. Exp. 3.1% (Prev. 3.1%)

Historical bullets

SONIA OPTIONS: Outright Call Seller

Sep-22 07:57

SFIU6 96.90c, sold at 6.75 in 8k.

SONIA: Large Basis trade

Sep-22 07:56

Large Sonia Basis trade:

  • SFIZ6 10k at 96.42.

EGB OPTIONS: Bund downside Put Spread

Sep-22 07:48

RXZ5 128/126ps, bought for 66 in 3.25k.