South Africa’s GDP increased from 0.6% to 2.1% year-on-year in the third quarter.

    by VT Markets
    /
    Dec 2, 2025
    South Africa’s Gross Domestic Product (GDP) grew by 2.1% year-on-year in the third quarter, improving from just 0.6% before. This suggests a positive trend in the country’s economy. In other market news, the EUR/USD currency pair remains stable above 1.1600 after the Eurozone reported a 2.4% inflation increase for November. The GBP/USD is around 1.3200, with speculation about a possible rate cut from the Bank of England.

    Gold Prices and Cryptocurrency Market

    Gold prices are holding steady above $4,200, even amid a positive market outlook and expectations of a Federal Reserve rate cut. However, the cryptocurrency market is facing challenges, with losses in coins like Zcash and Monero. The White House is getting ready for potential Supreme Court challenges to some tariffs from Trump, indicating that these tariffs might continue. The Pi Network has seen a 2% boost after a period of decline. In brokerage news, a recent guide reviews the best brokers for trading in 2025. This includes options for budget-conscious traders and those seeking significant leverage. It’s important to do your research since investing carries risks, including the chance of losses.

    Investment and Market Trends

    As of December 2, 2025, South Africa’s surprising GDP growth signals a strong moment for the rand. The increase to 2.1% marks a notable recovery from declines like the 0.2% drop in the third quarter of 2023. Traders might consider buying ZAR call options to bet on further strengthening against the dollar in the upcoming weeks. The Pound Sterling is under pressure, with rising expectations of a Bank of England rate cut pushing its value towards 1.3200 against the dollar. We recall the high inflation struggles of 2023 and early 2024, when UK CPI hovered around 4.0%, giving the Bank of England good reason to ease policies now. Purchasing GBP/USD put options could be a smart move ahead of a potential rate cut this month. Gold is experiencing mixed signals; positive equity market sentiment is creating challenges, while expectations of Fed rate cuts provide some support above $4,200. Currently, gold’s price seems high compared to around $2,100 at the start of 2024, illustrating the effects of recent Fed policy changes. A bull put spread may work well, allowing traders to benefit as long as prices remain above key support levels. The Euro is not reacting much to inflation news, staying steady above 1.1600, despite inflation being at the European Central Bank’s target. This situation seems familiar, as we observed a similar 2.4% inflation figure in November 2023, but the currency is much less volatile now. Given this stability, selling out-of-the-money strangles on EUR/USD could be a sound strategy to earn premium while the pair seeks direction. Create your live VT Markets account and start trading now.

    here to set up a live account on VT Markets now

    see more

    Back To Top
    server

    Hello there 👋

    How can I help you?

    Chat with our team instantly

    Live Chat

    Start a live conversation through...

    • Telegram
      hold On hold
    • Coming Soon...

    Hello there 👋

    How can I help you?

    telegram

    Scan the QR code with your smartphone to start a chat with us, or click here.

    Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.

    QR code