Markets LIVE: Oil soars, gold gains after Saudi oil attacks Mon, 16 Sep 2019 09:20:04 +0200
Oil surged along with gold and Treasury futures after a strike on the heart of Saudi Arabia’s oil production increased geopolitical risk concerns.
European stock markets have fallen at the start of trading on Monday, but London's losses were capped by strong gains for energy giants on the back of soaring oil prices.
Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.
The JSE advanced to close firmer on Friday capping off a week of decent gains for the local bourse.
The British pound has hit a seven-week high against the dollar Friday on easing fears of a no-deal Brexit.
Equities have risen in Asian trade after the European Central Bank unveiled a fresh round of economic stimulus and another interest rate cut while a report said the US was considering a short-term trade agreement with China.
Tokyo shares have risen as the US and China steadily moved closer to easing their long-standing trade frictions, encouraging investors about the future for the global economy.
Hong Kong stocks have ended the morning on a positive note, boosted by growing hopes for a resolution to the China-US trade row and an expected interest rate cut by the Federal Reserve next week.
The JSE advanced on Thursday along with other global stocks as investors were optimistic on the back of the European Central Bank's rate decision.
European stock markets have risen in early trade, with investors awaiting expected fresh stimulus measures from the European Central Bank to help support the struggling eurozone economy amid a global slowdown.
The local currency traded in a range between R14.60 and R14.74 to the greenback on Wednesday.
Hong Kong shares have finished with slight losses as profit-taking after the previous day's rally offset optimism about China-US trade talks following conciliatory gestures by both sides.
Tokyo shares have closed higher for an eight-day winning streak, as players cheered Japan's new cabinet as well as receding worries about the US-China trade spat.
The JSE rallied on Wednesday on the back of broad-based gains across all the major indices which were inspired by gains across most global stocks.
Hong Kong shares have fallen following last week's healthy gains, while investors were also spooked by fresh violent protests in the city and data further highlighting weakness in the Chinese economy.
European stock markets have been steady at the start of trading, awaiting a key Federal Reserve interest-rate meeting next week.
Asian investors have cheered Donald Trump's decision to delay a hike in tariffs on Chinese goods and Beijing's announcement that it would remove a range of US products from its own planned levies.
Hong Kong stocks have closed sharply higher Wednesday, in line with healthy gains across Asia on optimism about the outlook for next month's China-US trade talks and following Beijing's decision to further open up its financial markets.
Asian markets have mostly risen with a broadly upbeat tone across trading floors ahead of major meetings at the European and US central banks, while there is also a growing sense of optimism over China-US trade talks.
European stock markets have risen solidly at the start of trading on Wednesday, with London's benchmark FTSE 100 index up 0.5% to 7 303.41 points.