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Today's News

Markets rise as investors eye US stimulus talks, gold hits record Wed, 05 Aug 2020 13:15:36 +0200

Asian markets tracked another record on Wall Street Wednesday as traders monitored talks on a key US stimulus package.


Gold surges to record on stimulus hopes Tue, 04 Aug 2020 18:36:56 +0200

Spot gold rose to a record as speculation increased that US lawmakers would move forward on a stimulus bill.


Emerging-market rebound hangs in balance as economies struggle Mon, 03 Aug 2020 08:28:04 +0200

Emerging-market stocks and currencies are within touching distance of erasing their pandemic-fueled losses of 2020.


Rand slips to a three-week low in the wake of poor US growth Fri, 31 Jul 2020 21:51:56 +0200

The local currency opened trade at R16.75 on Friday and ended the day 1.5% weaker at R17.01.


Markets struggle as coronavirus hammers economies worldwide Fri, 31 Jul 2020 14:40:29 +0200

Asian and European stocks struggled on news of rapidly-shrinking economic activity, highlighting the "devastating impact" of coronavirus on the global economy, analysts said.


Asia markets sink as dour US data reinforces worries over virus Fri, 31 Jul 2020 14:45:50 +0200

Asian markets struggled and the dollar extended losses as data showing the US suffered its worst quarter on record highlighted the impact of the virus on the global economy.


Gold’s frenzy pauses after record as volatility roils silver Tue, 28 Jul 2020 10:33:14 +0200

Gold’s record-breaking rally showed signs of losing steam after futures touched $2 000 an ounce for the first time.


Gold’s surge rips up the record book with test of $2 000 looming Mon, 27 Jul 2020 08:01:24 +0200

Spot gold blasted past its longstanding record as the dollar plunged and concerns about the global economy boosted demand for havens


Stock markets retreat as US-China tensions rise Sat, 25 Jul 2020 10:18:17 +0200

Global equities took a beating Friday as China-US tensions intensified, while stalled stimulus talks in Washington fueled fears for the economy as the dollar fell further.


Gold skyrockets due to economic growth fears Fri, 24 Jul 2020 14:51:36 +0200

Gold heads for seventh weekly gain as it benefits from weak dollar and inflation expectations globally.


Stock markets take beating in 'sour end' to trading week Fri, 24 Jul 2020 15:06:36 +0200

Global equities took a beating on intensifying China-US tensions while a worse-than-forecast US jobs report fuelled fears about the economic recovery.


Markets mixed ahead of Fed decision as US lawmakers haggle Wed, 29 Jul 2020 11:13:51 +0200

Markets fluctuated as investors kept a nervous eye on Washington this week, hoping the Federal Reserve will pledge to extend its dovish monetary policy.


SA markets slump in risk-off mood, upbeat MTN surges Fri, 24 Jul 2020 11:55:46 +0200

South Africa's main stock index retreated 1.2% to its lowest level in more than a week as of 9:30 a.m. in Johannesburg, after the government closed schools for a second time.


Gold nears all-time high as growth concerns buoy haven demand Fri, 24 Jul 2020 08:07:37 +0200

Signs that the prolonged coronavirus pandemic is stalling an economic recovery and the recent surge in tensions between the US and China are underpinning demand for the metal.


Equities mixed as US-China tensions offset stimulus, vaccine hope Thu, 23 Jul 2020 12:57:40 +0200

Stocks were mixed as investors juggled hopes for a new stimulus deal in Washington with coronavirus concerns and another flare-up between China and the United States.


Stocks mostly slide on Trump's coronavirus warning Wed, 22 Jul 2020 15:06:08 +0200

Global stocks sank Wednesday after US President Donald Trump warned that the coronavirus crisis in the US was likely to "get worse before it gets better".


Oil eases from four-month high on signs of swelling stockpiles Wed, 22 Jul 2020 10:15:26 +0200

Crude was stuck in a tight range near $40 a barrel as investors weigh surging coronavirus cases.


US stocks open higher on EU stimulus deal, earnings Tue, 21 Jul 2020 16:28:49 +0200

Wall Street stocks opened higher following an agreement by European leaders on a giant stimulus plan and gains by IBM and other companies that reported earnings.


Europe stocks rise on vaccine hopes, EU stimulus deal Tue, 21 Jul 2020 16:08:35 +0200

Europe's stock markets advanced at the open on coronavirus vaccine hopes and after EU leaders finally clinched a landmark €750bn stimulus deal.


Oil extends losses with virus concerns clouding recovery outlook Mon, 20 Jul 2020 09:30:32 +0200

Oil extended losses toward $40 a barrel as concerns about demand linger with the coronavirus raging unabated across many regions.


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