Market Indicators
USD/ZAR: 17.31 🔽
EUR/ZAR: 20.09 🔽
AUD/ZAR: 11.27 🔽
GBP/ZAR: 23.08 🔼
Brent Crude: USD 61.38 / ZAR 1,080.89 per barrel 🔽
Gold (Au): USD 4,343.50 / ZAR 74,896.34 per troy ounce 🔼
BTC: USD 109,517.15 / ZAR 1,885,484.00 🔽
Markets bounced this week—S&P up 1.86%, Nasdaq 2.24%, Dow 1.70%—thanks to easing U.S.-China TENSIONS and solid Q3 earnings. Gold hit a record high (+5%), while oil and gas slipped. U.S. regional banks took a knock from FRAUD-related loan issues, and the Fed hinted at rate cuts DUE to weak labour data. Tech and comms led gains; energy lagged. Globally, emerging markets OUTPERFORMED, and the dollar softened. Mzansi JOINED the rally: the JSE surged, gold miners SOARED, but MASKED the local stagnant economy. CAUTION remains with the U.S. shutdown and global RISKS still in play.
Lourve HEIST
AI to RESURRECT
Read it here: https://techdigitalminds.com/hollywood-ai-dead-actors-legal-rights-2025/
LANTERN shark
Planet Y
Read it here: https://www.msn.com/en-za/news/other/scientists-say-a-planet-y-could-be-hiding-in-our-solar-system/ar-AA1Orbht?ocid=msedgntp&pc=ASTS&cvid=b96c6171cf4d4642daf03e55f19c118d&ei=31
INTEREST: Gardens on the Bay
Read it here: https://art-facts.com/facts-about-gardens-by-the-bay/
Have a great weekend
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