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Today's News

Rand rally puts damper on JSE Thu, 17 Aug 2017 13:49:56 +0200

A strong recovery by the rand dampened share prices on the JSE in morning trade, with most indices only marginally higher in line with stronger global markets

Pound climbs vs euro as UK retail sales better than seen Thu, 17 Aug 2017 11:35:21 +0200

The pound has extended gains versus the euro as UK retail sales rose more than forecast in July.

European stocks decline as investors assess recent gains Thu, 17 Aug 2017 09:57:30 +0200

European stocks have halted their longest winning streak in a month, as traders weighed recent gains and odds fell of another US interest-rate increase this year.

Asian tech stocks rally, yen gains on Fed minutes Thu, 17 Aug 2017 09:53:02 +0200

Asian equities have been mixed with technology stocks rising after stellar earnings at Internet giant Tencent.

Oil holds near 3-week low as US output climbs to two-year high Thu, 17 Aug 2017 09:37:56 +0200

Oil has held losses near the lowest close in more than three weeks as investors weigh expanding US crude output against an extended decline in stockpiles.

Asian tech stocks rally, yen gains on Fed minutes Thu, 17 Aug 2017 07:51:19 +0200

Most Asian stocks have risen, led by technology shares after stellar earnings at Tencent. The yen climbed and the dollar extended declines after Federal Reserve meeting minutes reduced the odds of another US interest rate increase this year.

Naspers buoys JSE after impressive Tencent results Thu, 17 Aug 2017 12:59:03 +0200

The local bourse was buoyed by Naspers which jumped on the back of an impressive set of results from its Hang Seng listed associate, Tencent Holdings.

US stocks rise as investors await Fed minutes Wed, 16 Aug 2017 16:11:12 +0200

US stocks have opened higher and the dollar and Treasuries were largely steady as investors held tight before the release of the latest Federal Reserve minutes.

As good as it gets: Iron ore risks a reversal as China cools Wed, 16 Aug 2017 13:47:22 +0200

Iron ore in the $70s a ton may be as good as it gets for some time. After rallying hard in June and July, the commodity may see its gains unravel.

JSE lifts in line with positive global sentiment Wed, 16 Aug 2017 13:45:46 +0200

Share prices on the JSE have traded higher in line with positive sentiment on world markets, despite a stronger rand and a drop in some commodity prices.

Growth outlook boosts Europe stocks, dollar steady Wed, 16 Aug 2017 13:15:31 +0200

European stocks have advanced amid growing optimism over the region’s economy. The dollar and Treasuries were largely steady as investors tread water.

Pound rises, bonds fall on better-than-forecast UK labour data Wed, 16 Aug 2017 12:38:51 +0200

The pound has advanced and UK government bonds fell after the nation’s unemployment rate dropped to the lowest since 1975.

Down day for JSE as commodity prices cool Tue, 15 Aug 2017 22:41:46 +0200

The JSE has edged lower as commodity prices eased on the back of lower geopolitical stresses between North Korea and the United States.

US stocks, dollar gain after strong retail data Tue, 15 Aug 2017 16:12:06 +0200

The dollar has rallied with US stocks and Treasuries have extended their losses after US retail sales exceeded forecasts.

Dollar extends gain as havens slump, bonds decline Tue, 15 Aug 2017 14:35:55 +0200

The dollar has extended its advance and traditional haven assets including gold and the yen slumped as the prospect of war between the US and North Korea receded.

Strong rand, low commodity prices weigh on JSE Tue, 15 Aug 2017 13:32:48 +0200

Commodity shares have pulled the JSE lower as they were hit by the deadly combination of lower commodity prices and a stronger rand.

European stocks rise for second day as geopolitical risks recede Tue, 15 Aug 2017 10:06:44 +0200

European equities have extended their rebound, mirroring a global recovery, amid easing tension between the US and North Korea.

Oil halts slide below $48 as US stockpiles seen extending drop Tue, 15 Aug 2017 09:34:46 +0200

Oil has halted losses below $48 a barrel ahead of US government data forecast to show crude stockpiles extended declines.

Winter is coming as post-bond binge angst intensifies Tue, 15 Aug 2017 06:03:27 +0200

It can be hard to know the exact moment of a top but the signs are clearly there, says an expert who’s been buying and selling bonds for more than three decades.

Global market recovery lifts JSE Mon, 14 Aug 2017 18:53:51 +0200

The JSE has climbed following a broad recovery in world markets as geopolitical tensions between North Korea and the US have subsided; the rand firmed 0.97% to R13.23.

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