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Markets

Markets WRAP: The rand closed at R15.16/$

Aug 23 2019 08:31

This after the local unit made a comeback earlier following Fed comments earlier in the day.

Equities

TECHNICAL ANALYSIS: JSE top 15 index downtrend to continue

Aug 23 2019 20:45

The JSE financial 15 index has been battered in recent weeks, by a combination of a very weak local economy, as well as a very weak rand. Its chart is showing more downside to come.

International Markets

US stocks plunge as Trump vows new retaliation against China

Aug 23 2019 20:31

Wall Street stocks have plunged deep into the red on Friday after US President Donald Trump threatened new retaliation against China in response to Beijing's latest tariff announcement.

Equities

JSE softer as bearish sentiment persists

Aug 23 2019 17:39

The JSE had another tough session as it closed weaker on Friday as sentiment remained mostly bearish across all the major sectors.

International Markets

Asian mostly up ahead of much-anticipated Powell speech

Aug 23 2019 15:36

Asian markets have mostly risen ahead of a key speech by Federal Reserve boss Jerome Powell, while the pound held the previous day's rally fuelled by rekindled hopes for a soft Brexit.

International Markets

Stock markets play waiting game before Fed chief speech

Aug 22 2019 18:15

Global stock markets have softened as investors avoided risk on the eve of a speech by Federal Reserve head Jerome Powell, hotly anticipated for clues on the interest rate outlook.

Currencies

Q&A: What's behind the rand's severe wobbles?

Aug 23 2019 12:07

Alwyn Van der Merwe, director of investments at Sanlam Private Wealth weighs in on what's knocking down the rand and if there could be relief in the future.

 
Equities

JSE firmer as SA inflation slows

Aug 21 2019 17:45

The JSE has advanced primarily on the back of solid gains on the financials index which were bolstered by the firmer rand.

International Markets

Hong Kong stocks finish on positive note

Aug 21 2019 15:22

Hong Kong shares have closed higher, having swung back and forth through the day, with traders turning their focus to an upcoming speech by Federal Reserve chief Jerome Powell later in the week.

Commodities

Oil steadies as drop in US stockpiles tempers economic worries

Aug 21 2019 12:04

Oil held steady after a reported drop in US crude inventories alleviated some of traders’ concern that slowing economic growth will diminish demand.

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