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Today's News

JSE holds steady ahead of long weekend Fri, 28 Apr 2017 19:35:22 +0200

The JSE closed firmer and the rand held steady for most of the day, strengthening to R13.24/$ before losing ground to the dollar.

Gold strengthens on the back of Cabinet changes - report Fri, 28 Apr 2017 16:08:00 +0200

The gold price in rand has risen by 7.8% in the last 12 days of the first quarter, following weakness in the currency as a result of the Cabinet reshuffle at the end of March 2017.

US shares mixed after soft GDP report, oil rises Fri, 28 Apr 2017 17:30:00 +0200

Global equities have retreated, trimming a sixth straight monthly advance, as geopolitical concerns linger and investors assess corporate earnings.

Curious curse of May: Emerging-market currency bulls beware Fri, 28 Apr 2017 14:30:02 +0200

Developing-nation currencies could be in for a rough month in May, if history is any guide.

Mediclinic boost lifts Industrial index on JSE Fri, 28 Apr 2017 13:53:26 +0200

Private healthcare group Mediclinic International has been the star of the show on the JSE, gaining more than 13% in early trade and helping to lift the Industrial index.

Pound holds monthly gain as UK economic growth slows Fri, 28 Apr 2017 11:27:23 +0200

The pound has shrugged off slower-than-forecast economic growth in the UK to head for its biggest monthly advance in a year.

Stocks trim monthly gain before GDP, oil climbs Fri, 28 Apr 2017 09:56:17 +0200

Global equities have retreated as geopolitical concerns intensified and investors assessed corporate earnings before a report on growth in the world’s largest economy.

Petroleum shares tumble on lower oil prices Fri, 28 Apr 2017 09:26:07 +0200

Petroleum-linked companies have been in retreat on lower oil prices while global stocks were mixed following a deluge of earnings reports.

China stock slump lures buyers away from Hong Kong Fri, 28 Apr 2017 09:19:44 +0200

China’s quest to clean up its financial system may be scaring some investors away from mainland shares.

Nasdaq ends at new record; oil shares fall Fri, 28 Apr 2017 07:17:27 +0200

The Nasdaq has jumped to a fresh record ahead of earnings reports from Amazon and other tech giants after the market close, while oil weakness hit petroleum-linked shares.

Energy prices rebalancing after OPEC accord - Qatar Fri, 28 Apr 2017 07:04:01 +0200

Global energy markets are moving in the right direction after oil prices fell to historic lows due to oversupply, says Qatar's energy minister.

Europe stocks off lows after Wall Street opens firmer Thu, 27 Apr 2017 17:20:31 +0200

European markets have come off their early lows after Wall Street opened steady ahead of a spate of new earnings reports, traders say.

US stocks edge higher ahead of big technology earnings Thu, 27 Apr 2017 17:20:47 +0200

Wall Street stocks have edged higher ahead of earnings reports from Amazon and other technology giants as the European Central Bank kept interest rates low.

Energy prices rebalancing after Opec accord: Qatar Fri, 28 Apr 2017 06:58:36 +0200

Global energy markets are heading to a rebalancing in the next years after oil prices fell to historic lows due to oversupply, says Qatar's energy minister.

Asian markets reverse losses as Trump agrees talks on free trade deal Thu, 27 Apr 2017 10:05:06 +0200

Most Asian markets have reversed earlier losses as the US said it would renegotiate its free-trade deal with Canada and Mexico, soothing fears of a trade war.

US stocks dip as Trump tax plan comes into focus Thu, 27 Apr 2017 09:59:38 +0200

US stocks have dipped, ending a two-day rally as the Trump administration unveiled details of its long-awaited tax reform plan.

European shares up as US announces corporate tax cut Thu, 27 Apr 2017 09:55:36 +0200

Europe's stock markets have posted small gains after they got, and liked, a first taste of US President Donald Trump's fiscal reform plan in the form of a deep cut in corporate taxes.

JSE maintains positive momentum Wed, 26 Apr 2017 19:13:35 +0200

The JSE continued its good run as most sectors finished the trading session positive.

Rand skids on dollar strength, bond exit rumours Wed, 26 Apr 2017 17:21:47 +0200

The rand has lost almost 2% against the firmer US dollar and on rumours that South Africa is leaving the JP Morgan Bond Index.

Dollar climbs with bonds as Trump tax plan in play Wed, 26 Apr 2017 13:42:48 +0200

The dollar has climbed with US government bonds before President Donald Trump unveils his tax cut plan that could breathe new life into flagging reflation trades.

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