Quattro News

February 18, 2019
Quattro Forex Market News

Forex Market Report

Good morning Last week was a difficult one for the Rand as Eskom’s sudden and severe load shedding coupled with disappointing market data saw us slip by 3.67% against the Dollar. It would be nice to have a quiet week ahead so that the Rand could mount a recovery, but Wednesday’s Budget Speech is likely to keep us under pressure. These are the mid rates as at 8:25 today: USD = 14.05 AUD = 10.04 GBP = 18.14 NZD = 9.65 EUR = 15.88 Brent Crude = $65.54 per barrel Market News We may have lost 3.67% against the Dollar […]
February 14, 2019
Quattro Market News

Market News

Herewith the latest market information: Prime : 10.25% Gold (US$ per ounce) : 1 311.23 (-1.95) Brent Crude (US$ per barrel) : 64.81 (+1.20) Dow Jones : 25 439.00 (-0.41%) JSE Alsi : 54 527.00 (-0.03%) ZAR/US$ : 14.16 (-0.27) ZAR / Euro : 15.98 (-0.28) ZAR / GBP : 18.11 (-0.26) Market moving events: The Rand contiues to take heat over the Eskom load shedding.Bonds have also suffered as the market waits to hear how government plans to shore up Eskom’s balance sheet. Our equity market was flat yesterday, after reasonable gains during the week. Positive Pointer: New kid […]
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