🔥 Middle East Tensions & Oil Impact
- Israel-Iran Conflict: Major geopolitical developments affecting markets
- Oil Surge: Brent crude breaks through $70 resistance, now at $75.06 📈
- Supply Concerns: Strait of Hormuz at risk (25-33% of seaborne oil transit) 🛢️
- Price Targets: Potential move to $88-90, possibly approaching $100
- Global Impact: Rising fuel costs amid fragile global economy 🌍
Brent oil | 18 June 2025 |weekly
🚨 Tariff Countdown
- D-Day: July 9 deadline approaching (3 weeks away) ⏰
- Limited Deals: Only UK and China agreements so far
- Market Uncertainty: Potential for significant trade disruptions 📉
🚗 Automotive Observations
- Chinese & Indian Vehicles: Notable increase in South African game reserves
- Mahindra Focus: R650k fully-equipped vs R1M+ Toyota Hilux 🏎️
- Market Shift: Anecdotal evidence of changing consumer preferences
✈️ Boeing Concerns
- Stock Performance: Trading at 2017 levels (~$200) 📊
- Cultural Issues: “Bean counter” mentality vs engineering excellence
- Analyst Views: 25 analysts (9 hold, 16-20 buy ratings) with $219 average target
- Investment Stance: Considered “almost uninvestable” due to systemic problems
🏭 Sasol Update
- Oil Benefit: Loving higher crude prices
- Resistance Level: Testing R100-104 range 📈
- Caution: Potential “stale bulls” creating selling pressure
- Five Green Weeks: Consecutive gains but pullback expected
🥈 Precious Metals (PGMs)
- Palladium: Holding resistance at $1,070 level 💎
- Platinum: Above key $1,000-1,100 resistance, currently $1,252 (down from $1,297 high)
- Rally Status: PGM rally maintaining momentum 🚀
📈 FOMC Preview
- Meeting: Wednesday evening (8pm announcement, 8:30pm press conference) 🕐
- Expectation: No rate cuts anticipated
- Reasoning: Higher oil prices + sticky inflation concerns 📊
🏦 Structured Products (Standard Bank)
China Product ⭐
- Protection: 100% capital protection over 5 years
- Upside: 125% participation in gains
- Example: 10% index gain = 12.5% return
- Settlement: Receive Satrix China ETFs at expiry
- Minimum: R25,000 investment
- Strike Date: July 11
Gold Miners Product 🏆
- Term: 3 years with auto-call feature
- Protection: Limited (losses between 1-30% protected)
- Coupon: 6.5% every 6 months
- Tracking: VanEck Gold Miners ETF
- Strike Date: Next week (urgent)
🏏 Celebration
Cricket World Champions: South Africa wins Test Cricket World Championship! 🏆 “Test Cricket is the best game in the world by a hundred miles and we won it!”
All charts by KoyFin | Get 10% off your order
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JSE – The JSE is a registered trademark of the JSE Limited.
JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
Wednesdays are all about hard-core investing and trading with Simon Brown’s famous JSE Direct podcast. JSE Direct started life on ClassicFM in July 2008 and became a podcast in 2011. Every week Simon shares his views on the state of global economies, individual shares and events moving markets.
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JSE – The JSE is a registered trademark of the JSE Limited.
JSE Direct is an independent broadcast and is not endorsed or affiliated with, nor has it been authorised, or otherwise approved by JSE Limited. The views expressed in this programme are solely those of the presenter, and do not necessarily reflect the views of JSE Limited.
