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International Markets

Floor trading resumes at NYSE - with masks and plexiglas

May 26 2020 20:57

The New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor Tuesday after a two-month closure due to the coronavirus, with traders donning masks and separated by plexiglas.

International Markets

Global stock markets climb on hopes of further lockdown easing

May 25 2020 21:24

Global stock markets climbed Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as Brazil.

Currencies

Rand strengthens thanks to lockdown easing globally

May 25 2020 17:13

The rand, which was seen heading past R20 to the US dollar, has strengthened in recent weeks as the world's leading economies ease lockdown restrictions.

Commodities

Gold climbs to 7-year high after US Federal Reserve's stocks, growth warnings

May 18 2020 08:03

Bullion has surged 16% this year as the spread of the virus curbed economic growth, roiled markets, and prompted vast amounts of stimulus to be unleashed by governments and central banks.

Markets

Arab stock markets plunge nearly 25% in Q1 as oil crash takes its toll

May 14 2020 18:48

Arab stock markets plunged almost a quarter in value in the first three months of 2020 due to the coronavirus pandemic and the collapse in oil prices, a UN agency said Thursday.

 
Commodities

Saudi to cut oil output by another million barrels per day

May 11 2020 22:32

Saudi Arabia said Monday it had asked oil giant Aramco to cut its output by an additional one million barrels per day from June, to support prices that have crashed during the coronavirus crisis.

Markets

Stocks rise despite record US job losses

May 08 2020 18:25

The rand strengthened against the greenback as it peaked at a session high of R18.30 before it was recorded trading 1.41% firmer at R18.32/$ at 17.00

Commodities

Oil set for second weekly gain with market starting to rebalance

May 08 2020 10:08

Oil headed for its first back-to-back weekly gain since February as output cuts from the biggest producers and a nascent recovery in demand began to rebalance a market awash with crude.

Markets

Markets wrap | Local stocks edge higher as optimism remains

May 07 2020 18:57

Still, there was disappointment in terms of economic data following the release of the SACCI Business Confidence index data for April which came in at 77.8, compared to a forecast of 89.2.

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