The dollar has climbed with US government bonds before President Donald Trump unveils his tax cut plan that could breathe new life into flagging reflation trades.
Asian stocks have extended a global rally after corporate results and hopes of US tax reform boosted optimism for global growth.
US stocks have risen toward all-time highs as earnings from Caterpillar to McDonald’s bolstered optimism in the economy.
US stock futures have jumped as blue chips from Caterpillar to McDonald’s reported results.
A global rally has picked up speed as Chinese shares steadied after a selloff and North Korean artillery drills did little to ruffle financial markets.
Iron ore is destined to retreat back below $50 a metric tonne next year, according to a top forecaster who warned that weakening prices will encourage the sale of inventories.
Oil has risen for the first time in six days as an OPEC-led committee was said to back prolonging supply cuts and as other markets rallied.
The JSE has followed global markets higher after French voters opted for market favourite Emmanuel Macron, reducing the risk of another Brexit-like shock.
Anglo American’s iron ore and diamond output has risen after production increased at its Minas Rio mine in Brazil and the gem market improved.
Oil has risen the first time in six days as an OPEC-led committee is said to back prolonging supply cuts and as investors favoured riskier assets after the first round of French presidential elections.