Quattro News

June 19, 2019
Quattro Market News

Market News

Herewith the latest market information: Prime : 10.25% Gold (US$ per ounce) : 1 342.89 (+1.59) Brent Crude (US$ per barrel) : 60.96 (+0.02) Dow Jones : 26 465.00 (+1.35%) JSE Alsi : 58 629.00 (+0.75%) ZAR/US$ : 14.56 (+0.21) ZAR / Euro : 16.29 (+0.29) ZAR / GBP : 18.29 (+0.32) Market moving events: After a dull day last Friday, our market perked up yesterday. As an interest rate cut seems more likely in the USA, emerging markets and the Rand firmed. The Rand also took comfort from President Ramaphosa consulting with Eskom to provide additional support for the […]
June 19, 2019
Quattro Forex Market News

Forex Market Report

Good morning The Rand started the shortened week off with a bang yesterday as we surged to levels last seen on the 4th of June. This was thanks to both local and international factors that supported emerging market currencies, and the Rand in particular. These are the mid rates as at 7:30 today: USD = 14.56 AUD = 10.01 GBP = 18.29 NZD = 9.51 EUR = 16.29 Brent Crude = $62.72 per barrel Market News It was a cracker start to the week for the Rand and our forex desk was extremely busy booking deals as the rate continued […]
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