The long-term cost of passage

The long-term cost of passage

Market commentary Weekly Wrap9 October 2026 The long-term cost of passage Written by Bianca Botes, Citadel Global Managing Director USD/ZAR16.53 EUR/ZAR18.56 GBP/ZAR21.89 Brent crude$102.46 Gold$4,213.70 Key indicators. All information is at the time of writing. The...
Weekly Wrap: Deal or No Deal

Weekly Wrap: Deal or No Deal

This has been a week where nobody truly knows what is going on when it comes to the war in Iran. On Monday, United States (US) President, Donald Trump, released a statement walking back the 48-hour hard deadline he had given to Iran to open the Strait of Hormuz the...
Weekly Wrap: Operation Epic Fury

Weekly Wrap: Operation Epic Fury

Last week, we mapped out the scenarios should the United States (US) decide to embark on a military intervention in Iran. On 28 February 2026, our worst-case scenario became the baseline. The United States and Israel launched Operation Epic Fury – a coordinated strike...