Mercury Global

The Mercury team would like to thank you for your custom in 2024 and we wish you and yours a healthy and happy festive season and a prosperous 2025. Please note the following UK bank holidays and Mercury Global's opening times: 24.12.2024 - Closed from midday GMT 25.12.2024 - Closed 26.12.2024 - Closed 31.12.2024 - Closed from midday GMT 01.01.2025 - Closed _ _ _ _ _ Please note our Mercury ZA festive season operating hours: 24.12.2024: Closed from 12:00 pm SAST 25.12.2024: Closed 26.12.2024: Closed 31.12.2024: Closed from 12:00 pm SAST 01.01.2025: Closed Our priority is to keep your money moving, so for any urgent matters and to speak to a human being, contact the respective Mercury teams at contact@mercury.global OR contactza@mercury.global

A dovish message from the #BankofEngland on Thursday dented the outlook for #sterling, one of the year's best performing major currencies against the #dollar, while bringing a reprieve to Britain's battered government #bond markets. #GBP #USD #DXY #BOE #FED #Forex #MercuryGlobal https://lnkd.in/dHsGrRaR

Important Reminder for Private Clients: The 2024 Single Discretionary Allowance (SDA) expires on 31 December. If unused, you may transfer up to R1m offshore without tax clearance until year-end. From 1 January, your 2025 SDA will apply. For transfers exceeding R1m, consider utilising both the 2024 and 2025 allowances to optimise your benefits.

The #dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of rate cuts in 2025, while the #yen blipped lower after the Bank of Japan stood pat on rates. #USD #DXY #FED #BOJ #BOE #Forex #MercuryGlobal #globalmarkets #marketnews #marketmovements #financialmarkets #financenews #currencyexchange #mercurydailybrief

South Africa's #rand slipped against a stronger #dollar on Tuesday, as investors turn their attention to the Federal Reserve's #interestrate decision. #ZAR #USD #DXY #FED #Forex #MercuryGlobal Full #mercurydailybrief available here: https://lnkd.in/dHsGrRaR

The #dollar held firm and near recent peaks on Tuesday, on the eve of an expected #interestrate cut in the United States, as traders have ratcheted long-term rate assumptions higher. #USD #DXY #FED #Forex #MercuryGlobal

The #dollar rose to a 2 1/2-week high against major peers on Friday, on track for its best week in a month, amid bets that the Federal Reserve would cut #interestrates next week but then take a patient approach to further reductions. #USD #DXY #EUR #GBP #FED #PPI #MercuryGlobal Full brief available here: https://lnkd.in/dHsGrRaR

The U.S. #dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a rise in U.S. Treasury yields even as market players bet the U.S. Federal Reserve will cut #interestrates next week. #USD #DXY #EUR #GBP #FED #PPI #Forex #MercuryGlobal

#Sterling rose against the #euro towards its highest level in over 2-1/2 years as investors expect the European Central Bank to cut rates and provide some dovish guidance on Thursday, with the #BankofEngland seen keeping its current policy next week. #GBP #EUR #ECB #BOE #USD #Forex #MercuryGlobal https://lnkd.in/dHsGrRaR

South Africa's #rand firmed early on Monday, at the start of a week packed with #economicdata releases that will shed light on the health of Africa's most industrialised economy heading into the new year. #ZAR #USD #DXY #CPI #Forex #MercuryGlobal #globalmarkets #marketnews #marketmovements #financialmarkets #financenews #currencyexchange #mercurydailybrief