Europe’s defence supercycle has begun

Rising geopolitical tensions are forcing Europe into a major rearmament cycle, with defence spending accelerating across the region. We explore what’s driving the shift — and where investors may find opportunity as Europe rebuilds its military capabilities.

AI’s next constraint: power, not processing

The AI boom is moving beyond chips, with energy emerging as the next critical bottleneck. As demand for power surges, we examine how this shift could reshape the AI trade — and where new investment opportunities are developing.

Rand strength and cooling inflation set the stage for rate cuts

South Africa’s inflation outlook is improving, supported by a stronger rand and easing price pressures. With the SARB potentially moving toward rate cuts in 2026, we look at what this means for markets and investors.

Upcoming Webinar

Upcoming Webinar

Upcoming Webinar

Two Structured Product Picks For April.

Markets have shifted — rising volatility is creating both risk and opportunity. Join us as we unpack two structured investment opportunities designed to deliver income, protect capital, and navigate today’s uncertain environment.

AI Outlook: Trends, Risks & Investment Strategy.

Join Portfolio Manager Viv Govender for a timely update on the fast-evolving AI investment landscape. We unpack the latest market trends, key risks, and where the most compelling opportunities may be emerging for investors today.

Anthony Clark’s 2026 Picks: Quarterly Update.

Join Anthony Clark for an update on his small and mid-cap stock picks for 2026. He’ll revisit his key ideas, review their performance so far, and share where he believes the most compelling value is now emerging.

Upcoming Webinar

Quarterly Review: Global Market Outlook.

Join Portfolio Manager Gary Booysen for a comprehensive update on global markets. This session unpacks key risks, central bank moves, and the trends shaping investment opportunities in the months ahead.

Tech Tuesday

Markets are consolidating near key levels, with a slight positive bias emerging but direction still dependent on confirmation. The J40 is holding within a defined range, while currencies and commodities are approaching short-term inflection points.

Read this week’s edition of Tech Tuesday for charts, precise levels and trade setups across key JSE counters.

J40 Cash Index
The J40 is consolidating between support at 106,103 and resistance at 109,232. A break above resistance would suggest a move towards 111,512, while a move below support could see a retest of 102,341. The current bias remains slightly positive, pending confirmation.

Gold
Gold has extended gains above 4,700 and is now consolidating in a narrow range. The recent move higher suggests a slight upward bias, with preference to enter on a breakout above resistance or a pullback towards support at 4,560 or 4,400.

USD/ZAR
USD/ZAR has pulled back to support at 16.75 following a bearish reversal. A move higher from current levels would target 17.22, while a break below support would suggest further downside towards 16.42. Direction remains dependent on price behaviour at support.

Brent Crude Oil
Brent crude has broken above resistance at 112.86, suggesting further upside towards 119.50. The broader trend remains upward, although with prices near highs, preference is to wait for pullbacks before considering new long positions.

The Weekly Wrap

As the conflict in Iran continues to unfold, Viv Govender assesses the risk of further escalation, the potential impact on oil and inflation, and why the next few days could prove critical for global markets.

Meet our investment experts.

Rand Swiss combines the expertise of an experienced in-house investment team with insights from respected independent analysts. By bringing together portfolio managers, securities specialists, and external market commentators, we are able to provide clients with a broader and more balanced view of global markets.

This combination of internal expertise and independent perspectives helps ensure our investment thinking remains disciplined, objective, and focused on long-term outcomes for clients.

Gary Booysen
Portfolio Manager

Shaun Murison
Senior Analyst

Anthony Clark
Award-Winning Small & Mid-Cap Analyst

Viv Govender
Portfolio Manager

Kyle Furlong
Wealth Advisor

Garth Mackenzie
Technical Analyst

Christo Krog
Securities Broker

Jethro Weidlich
Wealth Advisor

Peet Serfontein
Independant Analyst

Liam Houston
Analyst

Global insights–explore our archive.

A curated archive of our latest insights, analysis, and market commentary—bringing you timely perspectives from both our in-house team and a network of respected independent experts.

From technical analysis and macro trends to thematic investment ideas, each piece is designed to help you cut through the noise, stay informed, and make more confident decisions in an ever-changing global market environment.