Penny completed her BSc and Honours degrees in mathematics at Wits University and then went on to do her masters in pure mathematics at Louisiana State University. Returning to Johannesburg, she then worked at RMB for two years before moving to Cape Town to pursue a PhD in climate science. She has worked at Standard Bank as part of the South Africa fixed income and currencies research team since July 2015 and is currently studying towards her CFA.
› Latest available research See All
-
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Wed Oct 18 09:19:06 SAST 2017
Commodity prices tend to track the global growth cycle, and they are therefore holding up well while global growth picks up. The IMF has revised global growth by 0.1 pps …
-
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Tue Oct 17 08:44:58 SAST 2017
The rand this past week is stronger due to the weaker dollar; it has now returned to our 12.50 to 13.50 trading range. However, the USDZAR is still above the …
-
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Mon Oct 16 08:31:56 SAST 2017
*Chart of the day: US core inflation sticky since May 2017 When the Fed started the current hiking cycle in Dec 2015, core US inflation was trending upwards, and …
-
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Fri Oct 13 08:28:42 SAST 2017
*Chart of the day: A look at the Turkey/SA spread The yield between SA’s 10-year USD bond and that of Turkey has been compressing since January. Then, the gap …