Market Indicators
USD/ZAR 16.36 đź”˝
EUR/ZAR 18.83 đź”˝
AUD/ZAR 11.48 đź”˝
GBP/ZAR 21.77 đź”˝
Brent Crude USD 79.30 / ZAR 1,297 đź”˝
Gold (Au) USD 4,224 / ZAR 69,104 🔼
BTC USD 64,418 / ZAR 1,053,878 🔼
COFFEE USD 2.75 / ZAR 45.00 / LBS 🔼
The US-Iran interim PEACE deal is the week’s earthquake. Hormuz REOPENS, tankers start moving, and Brent CRATERED from high of US114 to sub-USD80 — erasing months of war premium in a handful of sessions. The ZAR followed suit and FIRMED past 16.40, with MZANSI getting its first whiff of genuine pump-price relief since February. The catch? Stats SA dropped May CPI at 4.5% — the highest since July 2024 — fuel driving the transport index up 28.7% year-on-year. So we STING before we heal. AU and BTC stayed FIRM as safe-haven hedges quietly held their ground. HOLD position. The RELIEF is real; so is the lag.
Jonathan the TORTOISE turns 194.
LEGO man builds record BRATWURST.
PEACOCK invasion.
https://edition.cnn.com/2026/05/14/europe/peacocks-overrun-seaside-resort-italy-intl-scli
ROMEOW crashes JULIET’s scene.
INTEREST: When it rains while the sun shines, it’s called a MONKEY’S wedding. In Canada, sunshine during snowfall is called a LOON’S barbecue.
“Life isn’t about waiting for the STORM to pass; it’s about learning to DANCE in the rain.” — Vivian Greene
bit.ly/redwoodfs