Market Watcher: Local market and currency holding strong

Shaun Murison of Rand Swiss unpacks the performance of the rand as it hit R16.20 to the dollar amid lower-than-expected US inflation numbers; looks at the gold price gaining alongside commodities such as platinum and silver; explains the lower impact of geopolitical tensions on the price of Brent crude as markets depend less on the Strait of Hormuz; and discusses the JSE strengthening in relation…