SOUTH AFRICA: SARB Press Conference Begins Shortly, 25bp Hike Expected
* The SARB will announce its decision on interest rates during a press conference scheduled to start at 14:00BST (15:00SAST). Per the Bloomberg survey, 19 out of 22 analysts expect the central bank to raise the repo rate by 25bps to 7.25%, and this is also our bias. * In July, a narrow majority of 4 out of 6 members fo