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Today's News

Oil advances on signs US stockpile gains eased after Harvey Wed, 20 Sep 2017 09:12:30 +0200

Oil has risen on signs the pace of US stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand.


JSE edges lower as commodity share prices stall Tue, 19 Sep 2017 18:45:12 +0200

The JSE has staged a late recovery to close marginally lower after a disappointing trading session.


JSE treads water as KPMG saga takes its toll Tue, 19 Sep 2017 13:12:40 +0200

Although the rand has dropped to its lowest level since early August, this did not support the JSE which is hardly moving, looking for direction amid a quagmire of political uncertainty.


Oil rises above $50 as Iraq raises prospect of more OPEC action Tue, 19 Sep 2017 11:33:18 +0200

Oil has extended gains above $50 a barrel in New York as Iraq raised the prospect of OPEC taking further steps to clear a global supply glut.


Stocks mixed ahead of Fed as euro, pound climb Tue, 19 Sep 2017 09:08:37 +0200

Investors have deferred taking any major positions ahead of the Federal Reserve’s policy meeting that’s expected to focus on unwinding stimulus efforts.


Dow, S&P 500 close at new records in New York Tue, 19 Sep 2017 07:45:18 +0200

Wall Street has risen to fresh record closes, boosted by gains in banking and financial stocks while investors eyed this week's meeting of the US central bank in Washington.


Positive trade on JSE following strong response to global markets Mon, 18 Sep 2017 18:11:18 +0200

Although the SA economy has emerged out of the technical recession, numbers suggest that economic activity remains weak and consumer confidence is fragile.


Stocks advance as Fed week kicks off, gold drops Mon, 18 Sep 2017 15:20:07 +0200

The bullish sentiment that stoked more Wall Street records has carried through to the new week, with European and Asian shares rallying across the board.


JSE treads water as early rally fizzles out Mon, 18 Sep 2017 13:19:48 +0200

Share prices on the JSE jumped higher in response to stronger Asian markets in early trade, but since then have mainly moved sideways as the market seems to await direction.


Pound weakens as investors take profit ahead of Carney speech Mon, 18 Sep 2017 12:35:42 +0200

The pound has fallen for the first time in three days as investors took profits following the currency’s best week versus the dollar since 2009.


Emerging markets in focus this week: SA, Brazil, Peru Mon, 18 Sep 2017 11:03:01 +0200

With trader caution on the rise after an index of developing-nation currencies had its biggest weekly decline since March, attention will turn to central bank decisions.


Oil holds advance near $50 as US drillers idle more crude rigs Mon, 18 Sep 2017 09:29:51 +0200

Oil has held gains near $50 a barrel as the US rig count dropped the most since January after a record expansion earlier this year.


Stocks advance after US record, havens retreat Mon, 18 Sep 2017 09:18:00 +0200

Global stocks have advanced following a record-breaking Wall Street session, while the yen and safe haven assets retreated.


London stocks slump as pound gains on latest rate hike hint Sun, 17 Sep 2017 10:19:12 +0200

The London stock market edged lower as investors shrugged off news of a bomb attack in the British capital and instead took their cue from the surging pound.


Dow, S&P end at new records Sun, 17 Sep 2017 10:22:47 +0200

New York stock markets have ended the week on an upbeat note, with new records for the Dow and S&P, brushing off another North Korea missile launch and weak data.


JSE tracks global slump on North Korean missile jitters Fri, 15 Sep 2017 18:06:53 +0200

The JSE slipped on Friday in tandem with the broad-based weakness in global equity markets.


Pound leads gainers as dollar slips, stocks mixed Fri, 15 Sep 2017 14:45:10 +0200

The pound has led most major currencies higher against the dollar, extending gains after the Bank of England’s hawkish shift.


JSE drifts downward on junk rate jitters Fri, 15 Sep 2017 13:30:25 +0200

Share prices on the JSE have continued to fall slightly, with the Gold index again the best performer, as investors are increasingly worried about the prospects of a fresh credit downgrade.


London tube terrorist attack spooks rand Fri, 15 Sep 2017 13:23:43 +0200

The rand has instantly lost 5c to the US dollar following the news of a terror attack in London.


Pound surges to post-Brexit high as BoE turns hawkish Fri, 15 Sep 2017 11:58:15 +0200

The pound has climbed to the highest level against the dollar since just after the Brexit vote and gilts slid as a Bank of England policy maker stoked a rate hike speculation.


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