Market Indicators
USD/ZAR 16.31 🔽
EUR/ZAR 18.91 🔽
AUD/ZAR 11.66 🔽
GBP/ZAR 22.06 🔽
Brent Crude USD 96.57 / ZAR 1,575 🔽
Gold (Au) USD 4,450 / ZAR 72,581 🔽
BTC USD 73,460 / ZAR 1,198,174 🔽
COFFEE USD 2.69 / ZAR 43.87 / LBS 🔽
The SARB hikes rates by 25 basis points to 7% on Thursday as the US-Iran crisis continues to PUSH energy prices and INFLATION higher. ZAR firmed to 16.31 against the greenback, BUOYED by rate expectations and Hormuz ceasefire HOPES. Brent oil DROPPED sharply from USD110 earlier this month as markets price in a possible deal to reopen the Strait. MZANSI is CAUGHT between rate-hike pain and rand strength. Stay the COURSE.
KITT gets $50 SPEEDING ticket.
Tiny BLUE octopus discovered.
https://www.cnn.com/2026/05/27/science/tiny-blue-octopus-species
$250M FRAUD gets 500 MONTHS.
https://www.justice.gov/opa/pr/feeding-our-future-ringleader-sentenced-500-months
98-year-old WING WALKER.
https://www.upi.com/Odd_News/2026/05/26/Guinness-World-Records-oldest-wing-walker/8571779813637
INTEREST: Neutron stars are so DENSE that a single teaspoon of their material would weigh approximately 6 BILLION tons on Earth.
"You find peace by CHOOSING what you IGNORE." — Bruce Lee
bit.ly/redwoodfs
