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Today's News

Markets WRAP: Rand closes at R14.37/$, averaging between R14.28 and R14.44 Mon, 12 Nov 2018 17:11:41 +0200

The rand was trading at Friday's weaker levels on the back of a firmer dollar.

Seasonal liquidity crunch is bad news for rand Mon, 12 Nov 2018 19:50:58 +0200

An expected seasonal dollar-liquidity crunch means the outlook for the rand is anything but merry as the year draws to a close.

Indian equities drop after weekly gains as oil-supply cut weighs Mon, 12 Nov 2018 12:36:13 +0200

Indian equities dropped, reversing earlier gains, as a plan by major oil producers to cut supply to boost the fuel’s price weighed on sentiment.

European stock markets jump at open Mon, 12 Nov 2018 10:29:09 +0200

European stocks opened higher, with London up 1.0% as rallying oil prices lifted shares across the commodities sector and as a sliding pound boosted exporters.

Oil pares bear market collapse on prospect of OPEC curbs in 2019 Mon, 12 Nov 2018 09:08:37 +0200

Oil has climbed after a record run of losses as Saudi Arabia said it will reduce crude sales in December and speculation rose that OPEC and its allies will cut output next year.

Emerging Markets give up gains after midterms, Fed rates decision Mon, 12 Nov 2018 08:59:26 +0200

Emerging-market stocks and currencies retreated after the Federal Reserve indicated it will keep raising rates, sending the US dollar higher and damping a post-midterm rally.

Tokyo stocks open lower on worries over global economy Mon, 12 Nov 2018 07:22:32 +0200

Tokyo stocks opened lower on Monday tracking falls on Wall Street last week amid lingering worries over global economic growth.

Oil looms over emerging markets as US-China trade hopes dim Mon, 12 Nov 2018 06:50:23 +0200

Falling oil prices are fast becoming a catalyst for emerging markets.

Markets WRAP: Rand ends the day at R14.27/$ Fri, 09 Nov 2018 20:12:16 +0200

The rand ended the day almost a percent weaker at R14.27 to the greenback.

Oil prices and stock markets slide, dollar higher Sat, 10 Nov 2018 09:41:12 +0200

Global equities sank deeper into the red following dour economic news from China while a slump in oil prices deepened.

JSE closes weaker as fresh fears are reignited into global markets Fri, 09 Nov 2018 20:08:38 +0200

The JSE closed weaker along with other global markets on Friday as fears were sparked due to concerns over China and the US Fed.

Lunchtime Wrap: Stocks fall on oil, China concerns; dollar gains Fri, 09 Nov 2018 14:32:26 +0200

US equity-index futures fell for a second day as crude oil’s slide into a bear market and concerns over the health of China’s economy weighed on global stocks.

WATCH: Brent oil drops under $70 for first time since April Fri, 09 Nov 2018 13:21:43 +0200

Brent crude oil sank Friday under $70 per barrel before a weekend meeting of major oil producing nations in Abu Dhabi.

European stock markets drop at open Fri, 09 Nov 2018 11:21:52 +0200

European stocks have dropped at the open as a midweek rally faded further, with investors focusing on the US interest rate outlook and falling oil prices heading into the weekend.

Hong Kong stocks tumble in morning Fri, 09 Nov 2018 11:20:20 +0200

Hong Kong shares have sunk in the morning session after the Federal Reserve hinted it would stick with its programme of interest rate hikes.

Tokyo's Nikkei index down more than 1.0% Fri, 09 Nov 2018 11:18:16 +0200

Tokyo's benchmark Nikkei index has lost more than 1.0% as investors locked in profits following the previous day's rally.

Asian markets sink at end of healthy week, dollar up Fri, 09 Nov 2018 11:13:08 +0200

Asian markets have turned lower as investors took their foot off the pedal at the end of a broadly positive week.

Oil teeters near record losing streak after entering bear market Fri, 09 Nov 2018 10:48:27 +0200

Oil’s set for its longest stretch of declines on record after entering a bear market, with investors awaiting a weekend meeting of OPEC and its allies to discuss output strategy.

JSE weakens ahead of US interest rate decision Thu, 08 Nov 2018 18:13:11 +0200

JSE-listed heavyweights dragged the All-Share index as profit taking kicked in following the rallies recorded recently.

Stocks rally wanes, dollar recovers before Fed decision Thu, 08 Nov 2018 15:01:03 +0200

A stock markets rally has waned with eurozone shares hit as the European Union warned of slowing growth across the single currency bloc.

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