Market Indicators
USD/ZAR 16.49 🔽
EUR/ZAR 18.47 🔽
AUD/ZAR 11.52 🔽
GBP/ZAR 21.85 🔼
Brent Crude USD 105.92 / ZAR 1,746 🔼
Gold (Au) USD 4,108 / ZAR 67,721 🔽
BTC USD 83,095 / ZAR 1,369,866 🔼
COFFEE USD 2.98 / ZAR 49.14 / LBS 🔼
OIL is wearing the crown again. A HOUTHI missile hit an Aramco building in Dhahran, more ships were struck near Hormuz and Brent settled near USD106. US inflation came in HOT at 3.7% for September, rate fears returned and the Nasdaq dropped almost 2% in a day. MZANSI is paying at the pump: petrol sits at a record R30.25 a litre and a national shutdown has been called for 19 October. The ZAR is holding near 16.50/USD while markets wait for next week’s medium-term BUDGET. Fiscal clues matter more than headlines. Know your PLAN.
BIRDS in his BRIEFS.
A BUG wrapped.
188 off 79.
https://gulfnews.com/sport/cricket/lhuan-dre-pretorius-smashes-gayles-t20-record-score-1.500697094
Giant ISOPOD.
INTEREST: A TEASPOON of neutron star material would weigh about 6 billion tons on Earth. Neutron stars are the COLLAPSED remnants of massive stars. Their gravity is so intense that protons and electrons are CRUSHED together, creating matter of almost unimaginable density. A SINGLE sugar-cube-sized piece would outweigh Mount Everest. Perspective: If all of humanity were compressed to the density of a neutron star, everyone on Earth could FIT into a sugar cube.
"Reality is frequently far STRANGER than imagination." John Lennox.
bit.ly/redwoodfs