Penny completed her BSc and Honours degrees in mathematics at Wits University and then went on to do her masters in pure mathematics at Louisiana State University. Returning to Johannesburg, she then worked at RMB for two years before moving to Cape Town to pursue a PhD in climate science. She has worked at Standard Bank as part of the South Africa fixed income and currencies research team since July 2015 and is currently studying towards her CFA.
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by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Thu Jun 22 07:56:17 SAST 2017
The rand is stronger this morning largely on the back of a weaker dollar, but remains above 13.00. Brent fell 2.7% yesterday closing below USD45/bbl for the first time this
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Wed Jun 21 08:25:30 SAST 2017
The rand weakened further yesterday, closing above 13.00, partly due to the stronger dollar. Brent broke below USD46/bbl intraday, to lows last seen in November 2016, on renewed oversupply fears.
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Tue Jun 20 08:33:09 SAST 2017
The USDZAR breached 13.00 yesterday after comments in a report from Public Protector Busisiwe Mkhwebane regarding the Reserve Bank. The rand though has firmed this morning due to the weaker
by Shireen Darmalingam, Walter de Wet, Penny Byrne and Zaakirah Ismail · Mon Jun 19 08:18:00 SAST 2017
The SA June Quarterly Bulletin is due out tomorrow at 10h00, which will provide insight into the Q1:17 current account balance. Bloomberg consensus is for a slight widening of the