Market Indicators
USD/ZAR 16.32 🔽
EUR/ZAR 18.72 🔽
AUD/ZAR 11.44 🔼
GBP/ZAR 22.10 🔼
Brent Crude USD 84.63 / ZAR 1,381 🔼
Gold (Au) USD 3,986 / ZAR 65,037 🔽
Platinum (Pt) USD 1,636 / ZAR 26,691 ➡️
BTC USD 64,712 / ZAR 1,055,977 🔼
COFFEE USD 3.21 / ZAR 52.38 / LBS 🔽
The big number was a COOL one. US June CPI actually FELL 0.4% on the month, its sharpest drop since 2020, DRAGGING headline inflation to 3.5% and taking the heat off the Fed before its 28 July sit-down. Chair Warsh still talked HAWKISH. Locally the MOOD was gloomier: MZANSI’s mining output SHRANK 5.4% in May, AU slid back toward USD4,000 and dragged the JSE’s diggers with it, and the ZAR drifted near a two-week low around 16.32. Oil crept back to USD84 as Hormuz flared again. One soft print is NOT a trend. Don’t make a single data point your ENEMY. SIT still.
NEIL the seal RESPECTS nothing.
https://www.npr.org/2026/07/03/g-s1-131911/australia-trouble-making-seal
1776 in a captured WARSHIP.
Pretoria’s TOMBSTONE cake.
MANTIS invaders march NORTH.
https://www.sciencedaily.com/releases/2026/07/260710003540.htm
POUROUS void.
https://share.google/Go3rEqV8acuGXvfuV
INTEREST: There were sharks SWIMMING in Earth’s oceans while dinosaurs walked the land, POSSIBLY looking up at a completely ringless, blank SATURN (the rings developed later). They were practically PRIMORDIAL.
"The investor's CHIEF problem, and even his worst ENEMY, is likely to be HIMSELF." — Benjamin Graham
bit.ly/redwoodfs