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Monday, August 28, 2023
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I'm newMarkets look weak while commodities are already weak, where next?
US indices are rolling over and the SA40 looks to move lower. After a strong start to 2023 can we expect a damp end to the year?
PGMs have been under huge pressure (especially rhodium which is the main profit driver of local PGM stocks).
Gold is off the highs, where next? Is it heading back to under $1,700?
Coal and iron ore both off their lows, but had a rough year.
Brent is now trading in the mid $80's as OPEC+ cuts production hurt.
USD index looks set to break lower, will that lead to ZAR strength?
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