Market Watcher: Local market and currency holding strong
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Shaun Murison of Rand Swiss unpacks the performance of the rand as it hit
R16.20 to the dollar amid lower-than-expected US inflation numbers; looks at
the gold price gaining alongside commodities such as platinum and silver;
explains the lower impact of geopolitical tensions on the price of Brent crude
as markets depend less on the Strait of Hormuz; and discusses the JSE
strengthening in relation to its emerging markets peers, and how the local
markets are undervalued.
R16.20 to the dollar amid lower-than-expected US inflation numbers; looks at
the gold price gaining alongside commodities such as platinum and silver;
explains the lower impact of geopolitical tensions on the price of Brent crude
as markets depend less on the Strait of Hormuz; and discusses the JSE
strengthening in relation to its emerging markets peers, and how the local
markets are undervalued.
