Axe Capital Investments

Clear market notes built around the JSE, the rand, and what matters locally.

Axe Capital Trading News shares simple market takes on the stories moving South African shares, the rand, and a handful of major currency pairs.

What you will find here:

1. JSE shares, South African companies, and the local knock-on effects of big market news.

2. The rand, interest rates, and a small group of forex pairs, with USD/ZAR at the centre.

3. Global stories only when they can actually change how a local investor might act.

Latest market stories

ASML: A Rule Breaker Test of Lasting Leadership

2026-10-12 20:30 • The Motley Fool Positive Axe Cap view: Selective

ASML faces a critical test of whether its leadership can maintain success after founders Martin van den Brink and CEO Peter Wennink retired in 2024. New CEO Christophe Fouquet has raised 2026 sales forecasts to €43-45 billion, but investors must assess whether the company's founder-driven culture persists. The article examines whether post-founder leadership can sustain Rule Breaker companies, using ASML's upcoming earnings report as a key indicator.

Axe note: ASML’s new CEO faces a tall order to maintain its dominance in chipmaking, a dynamic with subtle but real implications for our local currency and tech-invested portfolios.

Is Bank of America's Stock a Buy Ahead of Its Q3 Earnings Report on Oct. 14?

2026-10-12 20:30 • The Motley Fool Neutral Axe Cap view: Selective

Bank of America will report Q3 earnings on October 14, with investors focused on net interest income (NII) guidance and credit quality. The bank faces headwinds from rising bond yields and has lowered expectations for investment banking and trading. While near-term uncertainty exists, the analyst maintains a long-term buy rating due to the company's scale and improved valuation following recent sell-offs.

Axe note: BoA’s upcoming Q3 report highlights challenges from bond yield moves but also long-term strength, with mixed signals for rand investors.

Bradesco Chief Tech Officer Purchases 60,093 Shares for $1.1 Million. Is This Large Buy a Signal to Invest in BBD?

2026-10-12 20:10 • The Motley Fool Positive Axe Cap view: Selective

Cintia Scovine Barcelos De Souza, Chief Technology Officer at Banco Bradesco, purchased 60,093 shares for approximately $1.1 million at $17.98 per share on September 18, 2026, increasing her direct holdings by 28% to 275,197 shares. The insider purchase is viewed as bullish, signaling executive confidence in the company's future prospects amid improving Brazilian economic conditions, falling unemployment, and interest rate cuts that support loan growth.

Axe note: Bradesco’s CTO bought $1.1 million in shares, reflecting confidence as Brazil’s economy and banking outlook improve.

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What we follow

We keep the focus on JSE shares, the rand, and the currency moves that matter most to South African investors.

JSE and rand