Market Watcher: Green rand

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Nick Kunze of Sanlam Private Wealth discusses the day’s market moves, the local currency showing strength, the impact of elections on investor sentiment, the financials corner, US equity markets, the interest rate cycle and when we might finally see a cut in SA, more leadership changes at EOH, results out of Copper 360, and the copper space in general.
11 Jun 2024 1PM English South Africa Business · News

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Markets: R18bn traded on a slow day

Nick Kunze of Sanlam Private Wealth said R18 billion was traded in local markets on a relatively quiet day, with Brent crude rising to about $109, the Nasdaq Composite hitting record highs, and the rand steady at around R16.40. He added that the US Fed is expected to keep interest…
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