Quattro News

December 11, 2017

Market News

Herewith the latest market information: Prime: 10.25% Gold: 1 250.70 (-4.35) Brent Crude: 62.90 (+0.63) Dow Jones: 24 329.00 (+0.49%) JSE Alsi: 58 012.00 (+0.01%) ZAR/US$: 13.60 (+0.07) ZAR/Euro: 15.98 (+0.15) ZAR/GBP: 18.23 (+0.12) Market moving events: The Steinhoff saga overshadowed good economic data last week and our market ended the week flat. The Rand continued to stengthen and economic growth surprised on the upside. The US market ended the week with a healthy increase. The job numbers for November indicated the lowest unemployment rate (4.1%) since 2001! Positive Pointer: Minister Jeff Radebe announced yesterday that the Post Office and […]
December 11, 2017

Forex Market Report

Good morning The country might be winding down for the year with more than one eye on the holidays but the Rand enters arguably its busiest week of the year. These are the mid rates as at 08:40 today: USD = 13.64 AUD = 10.30 GBP = 18.30 NZD = 9.42 EUR = 16.08 Brent Crude = $63.17 per barrel Market News We open the new week at R13.64 to the Dollar which is a decent improvement from R13.76 where we opened on Friday. But event risks come thick and fast this week so Rand volatility is guaranteed. Friday was […]
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