|ICE Brent front month (USD per barrel):||52.08|
|ICE RB Coal - close (USD per tonne):||78.4|
|XAU/USD - Gold (USD per troy ounce):||1284.51|
Fixed Income rates
|1-year swap (bid):||7.1768|
Rates displayed are indicative only and are delayed by 15 minutes. Click on a rate heading to view additional detail or visit the rates section to view all available rates.
Euro and the dollar crumble while inflows surge
The sharp moves seen yesterday and overnight are mostly a dollar and a euro story rather than anything specifically to do with the rand. Sharp dollar weakness initially saw EUR/USD jump to 1.0780 and was reflected in USD/ZAR dropping to the 13.15 area. The euro then came under pressure, with EUR/USD ironically dropping all the way back to the 1.0710/20 level where it had started the day. With USD/ZAR rightly not following suit, the implication is that EUR/ZAR has been re-priced lower overnight...
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RMB is proud to present the sixth edition of Where to Invest in Africa â€” A Guide to Corporate Investment. Our theme for this edition is Back to the Future as we evaluate Africaâ€™s past progress, present predisposition and future prospects.