Market Indicators
USD/ZAR: 17.37 🔽 EUR/ZAR: 20.39 🔽 AUD/ZAR: 11.56 🔽 GBP/ZAR: 23.56 🔽 Brent Crude: $66.97 / R1,162 per barrel 🔽 Gold (Au): $3,544 / R63,081 per t.oz 🔼 BTC: R2,000,733 / $115,200 🔼
US tariffs have hit RSA HARD, slashing auto exports and straining agriculture. Inflation and rand volatility PERSIST, but Mzansi’s stock…
Redwood Admin
Market Indicators
ZAR17.80/USD 🔼 ZAR20.71/EUR 🔼 ZAR11.57/AUD 🔽 ZAR23.89/GBP 🔽 BrentCrude@ USD66.969/ZAR1192 /barrel 🔽 Au@USD3544/ZAR63 081/t.oz 🔼 1BTC@ZAR1 958 434/USD110 092 🔽
US stock futures inched HIGHER Friday as investors awaited the August jobs report, seen as pivotal in CEMENTING expectations for a Federal rate CUT this month. MZANSI'S stock market is UP 24%…
Market Indicators
ZAR17.72/USD 🔽 ZAR20.68/EUR 🔼 ZAR11.59/AUD 🔼 ZAR23.93/GBP 🔼 BrentCrude@ USD67.77/ZAR1199 /barrel 🔼 Au@USD3412/ZAR60456.03 /t.oz 🔼 1BTC@ZAR1 971 902/USD111 261 🔽
US stock futures were FLAT ahead of the PCE (Personal Consumption Expenditures)) inflation report. Indexes rose on SOLID data and AI optimism. After-hours trading was mixed—some firms gained on strong forecasts, others dipped…
Market Indicators
ZAR17.74/USD 🔽 ZAR20.55/EUR 🔽 ZAR11.38/AUD 🔽 ZAR23.76/GBP 🔽 BrentCrude@ USD63.61/ZAR1128/barrel 🔽 Au@USD3,328/ZAR59064/t.oz 🔽 1BTC@ZAR2,008 418/USD113,184 🔽
US stock futures TICKED up Friday as investors awaited Fed Res Chair Jerome Powell’s REMARKS at Jackson Hole for SIGNALS on the path of interest rates. Markets remain wary that Powell could TEMPER expectations for a near-term…
Market Indicators
ZAR17.57/USD 🔽ZAR20.53/EUR 🔽 ZAR11.43/AUD 🔽 ZAR23.81/GBP 🔼 BrentCrude@ USD67.27/ZAR1177/barrel 🔽Au@USD3,341/ZAR58 689.46/t.oz 🔼 1BTC@ZAR2 087 532 /USD118,814 🔽
U.S. stock futures held STEADY Friday, as July’s PPI surged 0.9% MoM / 3.3% YoY, DIMMING hopes for a 50bps Fed rate cut in September. Markets still price in an 85–91% chance of a SMALLER cut.…
Market Indicators
ZAR18.21/USD 🔼 ZAR20.81/EUR 🔽 ZAR11.71AUD 🔼 ZAR24.05/GBP 🔼 BrentCrude@ USD71.19/ZAR1297/barrel 🔼 Au@USD3295/ZAR59667/t.oz 🔼 1BTC@ZAR2 095 767 /USD115 007 🔽
US stock futures dipped Friday as investors awaited the JOBS report, expected to show softening labour conditions. President Trump’s reciprocal tariffs—up to 41% on imports from 67 nations—begin today, with South Africa facing a…
Market Indicators
ZAR17.861/USD 🔽 ZAR20.73/EUR 🔼 ZAR11.63AUD 🔼 ZAR23.82/GBP 🔼 BrentCrude@ USD69.22/ZAR1220/barrel 🔽 Au@USD3373/ZAR59396/t.oz 🔼 1BTC@ZAR2 098 139 /USD119 148 🔼
Markets have been BUOYED by robust earnings and trade optimism. The Federal Reserve is EXPECTED to hold rates steady next week. Trump recently SOFTENED his stance on Powell following a symbolic visit. SARB’s upcoming…
Market Indicators
ZAR17.83/USD 🔼 ZAR20.69/EUR 🔽 ZAR11.57/AUD 🔽 ZAR23.93/GBP 🔽 BrentCrude@ USD67.32/ZAR1234/barrel 🔽 Au@USD3339/ZAR59541.84/t.oz 🔼 1BTC@ZAR2 116 450 /USD118 622 🔼
Global markets are MIXED. Europe rebounded; India’s office sector SURGED. Canada’s TSX rose despite WEAK growth. MZANSI saw retail and mining gains but faced trade TENSIONS. Bitcoin RALLIED on regulation progress. IPOs stayed strong,…
Market Indicators
ZAR17.77/USD 🔼 ZAR20.76/EUR 🔼 ZAR11.68/AUD 🔼 ZAR24.10/GBP 🔼 BrentCrude@ USD68.80/ZAR1222/barrel 🔼 Au@USD3317/ZAR59924/t.oz 🔽 1BTC@ZAR2 018 484 /USD113 611 🔼
Global markets face VOLAITILITY from rising tariffs. US equities struggle, while AI stocks and emerging markets shine. Trump’s new tariffs HIT Mzansi (30%) and others. SA seeks EXEMPTIONS for citrus and steel. The ZAR…
Market Indicators
ZAR17.62/USD 🔽 ZAR20.74/EUR 🔼 ZAR11.55/AUD 🔽 ZAR24.05/GBP 🔼 BrentCrude@ USD68.53/ZAR1208/barrel 🔽 Au@USD3336/ZAR58 825/t.oz 🔽 1BTC@ZAR1 919 345 /USD108 868 🔼
U.S. stocks CLIMBED Thursday, with tech leading after strong jobs data and easing chip software restrictions to China. Nvidia, Synopsys, and Datadog all rallied, the latter boosted by news it’s joining the S&P…
Market Indicators
ZAR17.78/USD 🔽 ZAR20.86/EUR 🔼 ZAR11.67/AUD 🔽 ZAR24.47/GBP 🔼 BrentCrude@ USD68.53/ZAR1200/barrel 🔽 Au@USD3332/ZAR59 295/t.oz 🔽 1BTC@ZAR1 906 821 /USD107 137 🔼
US stock futures remained STEADY on Friday as investors looked ahead to the release of the latest PCE price index, which is the Federal Reserve’s preferred MEASURE of inflation. This data could help…
Market Indicators
ZAR18.14/USD 🔼 ZAR20.78/EUR 🔼 ZAR11.70/AUD 🔼 ZAR24.35/GBP 🔼 BrentCrude@ USD78.49/ZAR1418.15/barrel 🔼 Au@USD3369/ZAR61 104/t.oz 🔽 1BTC@ZAR1 893175/USD104 405🔽
Commentary : Global markets DIPPED on rising Middle East tensions, with reports of possible US military ACTION against Iran. The US Fed held rates steady but signalled POTENTIAL cuts in 2025 due to slower growth and…