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Today's News

JSE erases gains and closes lower Fri, 21 Jul 2017 18:26:18 +0200

Rand hedge stocks dragged the JSE All-Share Index lower after the rand strengthened significantly against the US dollar.


Stocks fall, dollar sinks as politics take a toll Fri, 21 Jul 2017 16:03:50 +0200

US stocks have opened lower and the euro climbed to its strongest level against the dollar since January 2015.


All-share index reaches highest level this year Fri, 21 Jul 2017 16:06:51 +0200

The top shares on the JSE have continude to receive support from strong overseas markets, with the All-share index reaching a new 52-week high in morning trade.


European stocks head for weekly drop Fri, 21 Jul 2017 14:14:27 +0200

European exporters have extended declines, sending benchmark stock indices toward their first weekly drop since June.


Zim stocks on four-year high as investors pile into equities Fri, 21 Jul 2017 15:55:49 +0200

Zimbabwean stocks have closed on a four-year high as investors continued to pile into the equities market amid limited investment options and currency concerns.


Euro advance persists as politics sink dollar Fri, 21 Jul 2017 13:20:53 +0200

Bonds have gained and the euro has been headed for its strongest level against the dollar since January 2015 on bets the ECB will start tapering its stimulus program.


Asian stocks fall as focus shifts to Trump, Yellen after Draghi Fri, 21 Jul 2017 11:40:27 +0200

Asian equities have fallen for the first time in 10 days, as investors chose to take some profit off the table amid an investigation into US president Donald Trump.


Euro's rally eyes 2015 high Fri, 21 Jul 2017 11:14:39 +0200

The euro has eyed its 2015 high as bets the European Central Bank will start unwinding its stimulus plan combined with broader US dollar weakness.


Oil plods to weekly gain as OPEC faces dilemma Fri, 21 Jul 2017 09:44:00 +0200

Oil has edged toward its second weekly increase as OPEC and its allies prepare to review their plan to clear a global glut that hasn’t worked as they hoped.


Zinc's rally set to endure as top producer predicts $3 000 Fri, 21 Jul 2017 09:32:09 +0200

The rally in zinc prices has the potential to jump this year to levels not seen in a decade as demand continues to outstrip supply amid mine output disruptions.


Surprise rate cut is no death knell for resilient rand Fri, 21 Jul 2017 12:56:14 +0200

South Africa’s first interest rate cut in five years, and a surprise one at that, probably won’t be enough to break the rand’s resilience.


Equities close higher as SARB unexpectedly cuts interest rates Fri, 21 Jul 2017 18:26:09 +0200

The South African Reserve Bank unexpectedly cut rates by 25 basis points for the first time in 5 years in a move that caught most analysts by surprise.


US stocks steady with earnings after jobless data Thu, 20 Jul 2017 16:27:08 +0200

US stocks have been little changed after the S&P 500 climbed to a second successive record as investors follow earnings and economic data.


Rand takes knock as SARB cuts interest rates Thu, 20 Jul 2017 16:19:13 +0200

The rand has taken a knock after the SA Reserve Bank surprised the market with a 25 basis-point cut in interest rates.


Brent Crude advances above $50 for first time in six weeks Thu, 20 Jul 2017 14:57:16 +0200

Oil has climbed above $50 a barrel in London for the first time in six weeks after further declines in US crude and gasoline inventories eased concerns over a global glut.


JSE runs out of steam as major indices drift lower Thu, 20 Jul 2017 14:32:07 +0200

After a promising run early in the session, the JSE has lost some of its momentum with major shares and indices decreasing slightly.


Stocks trade near record before ECB, dollar rises Thu, 20 Jul 2017 13:00:31 +0200

Central banks have once again been front and centre in global markets, with stocks trading near a record as investors await the ECB’s latest rate decision.


Pound pares decline after data shows UK retail sales rebound Thu, 20 Jul 2017 11:59:25 +0200

The pound has pared declines, clawing back from this week’s lowest level, after data showed that retail sales in the UK rebounded in June.


Asian stocks maintain gains as BoJ keeps rate Thu, 20 Jul 2017 09:51:32 +0200

Asian equities have maintained their rally, rising to the highest since 2007 as the Bank of Japan kept its monetary stimulus program unchanged.


Oil holds gain near $47 after US stockpiles extend declines Thu, 20 Jul 2017 09:39:50 +0200

Oil has held gains near $47 a barrel as US crude and gasoline stockpiles extended declines, easing concerns over a global supply glut.


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