ZAR: South Africa’s rand turned weaker on Thursday as a revival in demand for riskier assets stalled as Japan and South Korea became the focus of concerns about the spread of the coronavirus. At 0645 GMT, the rand was 0.59% weaker at 15.0700 per dollar, off a session-best 14.9300 on Wednesday after two coronavirus-infected passengers from a cruise ship moored near Tokyo died.

EUR: The latest decline in EUR/USD saw the pair hit a fresh multi-year low and fill a technical gap on the chart. The gap on the weekly chart between the top of the high of the April 17 candle (1.0777) and the low of the April 24 candle (1.0820) was made when Emmanuel Macron won the first round of the French Presidential election and has long been a target for EUR/USD bears.

GBP: GBP/USD remains under downward pressure as market sentiment suffers from coronavirus fears in South Korea and Japan, and is now challenging support from a trendline joining its recent lower lows that has been in place since late last year.

INR: The Indian rupee fell against the dollar this week tracking a decline in most Asian units after the dollar index jumped to a near-three-year high, while a consistent rise in crude oil prices further weighed on appetite. The rupee was quoted at 71.65 to dollar at 5:00 p.m. today, against 71.56 on Feb. 18. The currency depreciated 0.4% this week, after remaining little changed for three consecutive weeks.

MZN: In the Foreign Exchange Market, the Metical against Dollar has appreciated in 0.10 b.p, ending the 19th February with an average rate of USD/MZN 64,70. The ZARMZN is set at 4,29 and the EURMZN at 69,91.

ALUMINIUM: LME zinc fell 0.6% in official trading to$2,115 a tonne, its lowest level since July 2016. Nickel was bid down 0.4% to $12,770, lead was bid down 1.1% to $1,862 and tin rose 0.5% to trade at $16,600.LME aluminium, untraded in official rings, was bid down 0.4% to $1,713 a tonne.

BRENT CRUDE: Oil prices rose on Thursday supported by China’s efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya. Brent crude futures were up 27 cents at $59.39 a barrel by 1443 GMT. West Texas Intermediate (WTI) crude climbed 59 cents to $53.88.

COAL: The closure of Australia’s largest coal-fired power plant could be brought forward as Origin Energy assesses the impact of climate change and the rapid influx of renewable energy. After pushing back against a move by shareholder activists last year to bring forward the 2032 closure of the Eraring coal-fired generator in NSW by two years, Origin yesterday indicated it remained open to retiring the facility or winding it down earlier.

COTTON: Cotton futures edged marginally higher on MCX as participants created speculative positions after the news that the International Cotton Advisory Committee expects global prices of cotton to rise due to lower ending stock in 2019-20 (Aug-Jul). Cotton prices improved further after reports showing that the number of corona virus cases dropped in China, that eased concerns of an economic slowdown in the world’s second-largest economy.

CORN: Corn futures opened lower Thursday in daytime trading on the Dalian Commodity Exchange (DCE). The most active corn contract for May 2020 delivery dipped 1 yuan (14 U.S. cents) to open at 1,907 yuan per tonne.

GOLD: Gold prices dipped on Thursday after China unveiled measures to soften the economic impact of the coronavirus outbreak, but the metal held close to a nearly seven-year peak scaled in the previous session as concerns over the epidemic prevailed. Spot gold was down 0.3% at $1,606.62 per ounce, as of 0749 GMT. U.S. gold futures dipped 0.1% to $1,609.60.

STOCK EXCHANGE (BVM)

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Newsletter20, February - 2020 | FCB0033

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CONTACT: Jéssica Pinto 84 715 9006; Colero Homo 84 312 4551; Manuel Alfai 84 312 7962; Cidália Muquingue 84 243 7070; Hassane Issufo 84 305 8874 Disclaimer: Every effort has been made to ensure that the information provided in this report is accurate. The update is provided to you for information purposes only, and is not intended to constitute research as personnel preparing it are not research analysts. It does not constitute any offer, recommendation or solicitation to any person to enter into any relationship or transaction. First Capital Bank S.A., (FCB) and its employees cannot be held responsible for any errors and no liability is accepted for any losses, which may arise from the use of this information.The views expressed therein are the individual views of the author and not that of the organization, i. e. FCB

On the stock exchange, on the 18th of February there were no transactions, and the market capitalization is in MZN 95,602,620.00 and USD 1,467,650.00

Source Reuters

Calendar           Dates

AUD Unemployment Rate 20-02-2020

EUR Publication of account of ECB’s Monetary Policy Meeting 20-02-2020

JPY National Consumer Price Index (YoY) 21-02-2020

EUR Euro-Zone Consumer Price Index (YoY) 21-02-2020

Actual Previous

TB 91 days 11.05% 11.07%

TB 182 days 11.30% 11.39%

TB 364 days 11.18% 11.25%

Prime MZN 18.00% 18.00%

Inflation 3.48% 3.50%

FPC 15.75% 16.25%

FPD 9.75% 10.25%

MIMO 12.75% 13.25%

Money Market: February, 19th Bank of Mozambique traded MZN 77,869.01 mio in reverse repo. There was an increase in the amount invested in reverse repo by MZN 160.00.

Actual CloseAluminium 1,686.10 1,678.60

Brent Crude 59.45 58.27

Coal Rchd Bay 85.44 85.44

Coal Maputo 87.44 87.44

Cotton 68.30 68.83

Maize/Corn 150.60 150.95

Rice 2,526.00 2,526.00

Soy 293.20 292.60

Wheat 196.50 196.25

Gold 1,617.85 1,609.44

Ccy Bid Ask AverageUSD / MZN 64.40 65.68 65.04

ZAR / MZN 4.28 4.37 4.325

EUR / MZN 69.55 70.93 70.240

GBP / MZN 83.18 84.86 84.020

INR / MZN 0.9009 0.9191 0.910

USD / ZAR 15.0637 15.0645 15.064

EUR / USD 1.0798 1.0801 1.080

GBP / USD 1.2915 1.2917 1.292

USD / INR 71.6600 71.6620 71.6600

Companies 17-02-2020 Volum Amount

CDM 80,00 - -

Emose 16,00 63,00 1.008,00

HCB 4,00 108.575,00 434.300,00

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Be aperson of

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Belief drivesmy thirst to grow

Belief comes first.

VALOR/AmountPRAZO DA APLICAÇAO/ TENOR

31 dias/ days 91 dias/ days 181 dias/ days 366 dias/ days

0 - 2.500.000,00 4.50% 5.00% 5.25% 4.50%

2.500.001,00 - 15.000.000,00 6.00% 6.50% 7.00% 6.25%

15.000.001,00 - 30.000.000,00 6.50% 7.00% 7.50% 6.75%

Mais de/ More than 30.000.000,00 7.00% 7.50% 8.00% 7.25%

VALOR/AmountPRAZO DA APLICAÇAO/ TENOR

31 dias/ days 91 dias/ days 181 dias/ days 366 dias/ days

0 - 2.500.000,00 - 2.10% 4.25% 5.00%

2.500.001,00 - 15.000.000,00 - 2.15% 4.50% 5.50%

15.000.001,00 - 30.000.000,00 - 2.30% 4.75% 6.00%

Mais de/ More than 30.000.000,00 - 2.40% 4.85% 6.75%

VALOR/AmountPRAZO DA APLICAÇAO/ TENOR

31 dias/ days 91 dias/ days 181 dias/ days 366 dias/ days

0 - 250.000,00 0.55% 1.00% 1.00% 2.00%

250.001,00 - 500.000,00 1.00% 1.50% 1.50% 2.50%

Mais de/ More than 500.000,00 1.25% 1.75% 1.75% 2.75%