Market Indicators
USD/ZAR: 15.83 🔽
EUR/ZAR: 18.89 🔽
AUD/ZAR: 11.08 🔼
GBP/ZAR: 21.81 🔼
Brent Crude: USD 70.53 / ZAR 1,094.92 🔼
Gold (Au): USD 5 275.57 / ZAR 87 452.63 🔼
BTC: USD 84 653 / ZAR 1 336 8931 🔽
The ZAR is SHINING bright, climbing to nearly a four-year high of 15.7/USD as investors applaud the Reserve Bank’s STEADY hand in keeping interest rates at 6.75% while inflation targets head toward a cool 3%. Even as US stock futures feel a slight PINCH from Apple’s cautious earnings, the ZAR remains RESILIENT, bolstered by a 5% year-to-date gain and a surge in precious metal prices. Of course, no MZANSI rally is complete without a side of local drama: while the currency finds its FOOTING, the MADLANGA Commission is busy handing out “orange overalls” like party FAVOURS, turning the pursuit of justice into the country’s most-watched SOAP opera where the only thing dropping faster than inflation is the dignity of those heading for impending ARREST.
CRYPTO crime SURGES.
https://www.infosecurity-magazine.com/news/illicit-crypto-activity-record/
Meta’s USD 16bn VR loss.
MEXICO bans VAPES.
https://www.foxnews.com/travel/tourists-may-face-steep-fines-jail-time-vapes-vacation-hot-spot.amp
AI BOT companion for PETS.
TOURIST helicopter goes MISSING near JAPAN VOLCANO.
https://www.bbc.com/news/articles/c394pp3zkwlo
INTEREST: Oxford University is OLDER than the Aztec Empire.
“HE who conquers HIMSELF is the mightiest WARRIOR.” Confucius
bit.ly/redwoodfs