The latest Brent crude oil price has risen to $85.51 per barrel, with new indicators from America suggesting that stockpiles are declining and their economic growth is still stronger than expected. This indicates lower supply and higher demand, which will naturally push prices upwards.

The Rand strengthened significantly during June so far. This was largely influenced by the political climate, which is expected to bring more stability. However, the Rand weakened again on Monday to R18.15 per US Dollar due to the delay in the cabinet announcement. Our inflation remains at a higher level than the Reserve Bank would like to see, and this is expected to keep our interest rates steady until approximately November. But again, this largely depends on what happens in America; if their interest rates start to adjust, it will immediately affect us too.