|ICE Brent front month (USD per barrel):||51.86|
|ICE RB Coal - close (USD per tonne):||42965|
|XAU/USD - Gold (USD per troy ounce):||1286.8|
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Boring sideways trade as markets await Jackson Hole
Global and local markets are trading sideways given the absence of any meaningful data or news, and given the caution in front of the Jackson Hole symposium. Last week’s risk aversion is, nevertheless, slowly easing, with the VIX falling back to 13 and the dollar suffering some mild weakness. This opens the potential for mild rand gains but there is certainly nothing that suggests the moves will be anything more than a few cents...
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RMB is proud to present the sixth edition of Where to Invest in Africa — A Guide to Corporate Investment. Our theme for this edition is Back to the Future as we evaluate Africa’s past progress, present predisposition and future prospects.