FMAS:24 Session Spotlight - Gold, South African Rand & The 2024 Financial Markets Outlook

The highly anticipated beginning of the Finance Magnates Africa Summit (FMAS:24) is almost here! With just one month to go until the biggest event of the year in Sandton City, South Africa, the hype is real. The premium event will take place on May 20-22 at the Sandton Convention Centre, showcasing several new additions from last year’s inaugural launch.

This year will look to scale up, with the addition of the new Trader Zone, catering to the event’s sizable pool of retail traders. This hub will feature a robust slate of sessions, panels, workshops and more over two days. This includes one notable session in the Trader Zone, ‘Gold, South African Rand & The 2024 Financial Markets Outlook’.

FMAS:24 – Bigger than Ever Before

The largest event of the year in Africa is poised to set new records in attendance, sessions, engagement, and more. FMAS:24 will look to attract over 3,000 attendees, 120 exhibitors, 150 speakers, and more.

Moreover, Trader Zone will provide an added incentive for retail traders in the shape of a unique forum. This tailored forum is perfectly situated to help the event’s B2C audience engage with new and existing traders, experts, and brokers.

Have you registered yet and reserved your seat? The best way to FMAS:24 is by enjoying the exhibition floor, live entertainment, and curated content sessions, not being stuck in line! This is why you should head on over to the event site and sign-up today to make sure you are good to go and can skip any queues.

FMAS:24 will look to explore four separate content tracks, including the online trading, blockchain & digital assets, fintech, and payments space. Given the sizable attendance and proportion of retail traders at the event, the largest emphasis will naturally be on online trading, taking place at the Trader Zone.

The timing of the event could not be better, especially with Africa poised to take a leap in the retail trading space in 2024. As a growing region filled with potential and a growing pool of traders, Africa is a natural destination for brokers and service providers looking to make a splash or grow their business.

FMAS:24 is the perfect opportunity for brokers and service providers to connect and engage with local traders, regional players, and more. Participants can expect several actionable panels, workshops, seminars, and more, each devoted to the online trading space, and the aforementioned industry verticals.

This includes the session, Gold, South African Rand & The 2024 Financial Markets Outlook, which will take place on May 21, 15:40-16:00 at the Trader Zone.

Of note, the session will be featuring Terence Hove, Senior Financial Markets Strategist, at Exness. Mr. Hove is a financial markets specialist with well-developed skill sets and in-depth knowledge of financial markets. This includes trading (Pricing clients) FX spot, forwards, and swaps.

Register Today for the Biggest Event of the Year in Africa!

As we approach the second half of 2024, all eyes will be on the US Fed's interest rate path and its potential impact on Gold and the South African Rand. With rate cuts already being priced in, coupled with the upcoming election year for both economies, it's crucial to assess where Gold & USDZAR will end up.

While uncertainty looms, the interest rate differential may very well still provide a premium for the popular carry trade. Look for this session to touch on each of these points.

Join Mr. Hove as he assesses the future outlook of both Gold and USDZAR. This is one session you cannot afford to miss. See you in Sandton City this May!