3 October : All about the Rand
From 18.8650 low yesterday to 19.2900 this morning, almost 2% move overnight. Weak resources and higher rates for longer. ZAR -> USD -> NVIDIA in under 2 minutes on Clarity.
2 October : Looking back at Q3 2023
Q3 review, higher rates and oil creates the perfect mix for energy stocks.
Good News : ZAR saving rate now 6.75%
We’ve updated the ZAR savings rate to market competitive 6.75%.
ETFs with an ESG focus
1. iShares ESG Aware MSCI USA ETF The iShare ESG Aware MSCI USA ETF follows the S&P 500 index and has a strong MSCI ESG quality score of 8.91 and a AAA rating. It holds 320 investments, with Apple, Microsoft, Amazon, and Tesla being the largest. The fund avoids investing in areas such as nuclear […]
6 September : Markets Shake as Dollar Strength and Oil Surge Defy Expectation
In an unusual overnight session, markets experienced mixed performance. The stronger US dollar and rising oil prices raised concerns, while sector anomalies emerged. Local GDP growth, driven by reduced power outages, contrasted with disappointing earnings reports from companies like TFG.
