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 show how recent TARIFFS are affecting consumer prices. US stock markets moved higher, supported by EASING geopolitical tensions, strong results from major technology companies, and growing hopes for potential interest rate CUTS. Investor confidence was further LIFTED by news that the White House may be flexible with upcoming tariff deadlines, helping to REDUCE fears of a prolonged trade conflict. There has also been speculation that President Donald Trump might consider REPLACING Federal Reserve Chair Jerome Powell earlier than expected, which could signal a shift toward LOWER interest rates. Msansi’s ZAR remains stable on the back of encouraging signs of RESILIENCE in certain sectors, despite broader economic and ideological CHALLENGES.
AI will let us COLONISE the galaxy.
Read it here: https://futurism.com/google-deepmind-hassabis
Missing Broker and missing MONEY.
Read it here: https://www.moneyweb.co.za/news/south-africa/missing-broker-missing-money/
BEARS close JAPAN airport RUNWAY.
Read it here:https://www.theguardian.com/world/2025/jun/26/bear-on-runway-flights-cancelled-japan-yamagata-airport
Zombie FLY.
Read it here: https://www.theguardian.com/world/2025/jun/18/female-baboons-strong-relationship-fathers-live-longer
COOL facts – Air Force One
https://news.sky.com/story/woman-arrested-over-wildfires-which-raged-for-three-days-on-the-greek-island-of-chios-13388813
INTEREST: While the symbol # is commonly called a HASHTAG, its technical name is indeed OCTOTHORPE. The term “octothorpe” is a combination of “octo,” referring to the eight points of the symbol, and “thorpe,” a word with unclear origins. Although widely recognised as a hashtag, especially in the context of SOCIAL media, the name “octothorpe” predates the widespread use of hashtags
Have a great weekend
“Do NOT seek to follow in the footsteps of the WISE. Seek what they SOUGHT.” Matsuo Bashō
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