Rand trading at 18.02
Traded in Asia between 17.95 and 18.04
Euro at 0.9656 17.3980
Gbp at 1.0557 19.0268

US markets closed down 1.62%
Japans markets down 2%
Chinese markets up 0.2%

Rand traded on Friday between 17.60 and 17.96
Rand remains weak after the US FED hiked rates by 75 bps , concerns around a global slowdown and recession fears.
Locally we have our Business Confidence, PPI and Trade Balance numbers out this week.

GBP has weakened to its lowest since 1985 , after investors have lost confidence on Britain's economic management. Concerns that planned tax cuts will stretch government finances to the limit. GBP us down 11% this quarter.

Euro is trading at two decade lows as risks of the war in Ukraine are escalating. Concerns still around the energy crisis.

Main events globally are the US PCE numbers , Durable Goods and Consumer Sentiment numbers out this week.

Gold trading at $ 1 639
USS index at 113.81
US 10 YT at 3.7265
Brent at $ 86.29

Support levels are 17.81 , 17.63 and 17.36
Resistance at 18.07 , 18.25 and 18.43

Regards Standard Bank Global Markets