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Markets WRAP: Rand ends week at R13.79/$

Jan 18 2019 08:06

The rand lost 0.5% against the greenback on Friday, but still ended the week slightly stronger that it started it on Monday.


Volatility hedge funds hit by market woes in all directions

Jan 18 2019 11:51

Some of the nimblest hedge-funds that trade volatility are hoping history doesn’t repeat after suffering their worst year in over a decade.


Oil set for longest weekly rally since October on OPEC's curbs

Jan 18 2019 11:04

Oil headed for its longest weekly rally in three months on easing concern over whether the OPEC+ coalition will follow through on its pledge to slash production.

International Markets

European stocks rebound at open

Jan 18 2019 10:31

European stocks have rebounded at the open, buoyed by hopes of a breakthrough in the US-China trade war, which already lifted markets overnight in Asia and on Wall Street.

International Markets

Stocks rise as trade optimism adds fuel to rally

Jan 18 2019 09:45

Stocks in Asia gained Friday, building on the recent rally in risk assets, amid optimism for progress in US-China trade talks.

International Markets

Tokyo stocks open higher on US-China trade rumours

Jan 18 2019 09:19

Tokyo stocks have opened higher, tracking gains on Wall Street as investors took heart from a report the US could lift trade tariffs on China.

International Markets

Hong Kong stocks open higher on trade hopes

Jan 18 2019 09:06

Hong Kong stocks have risen in the opening few minutes of trade, tracking a healthy lead from Wall Street fuelled by a report the US was considering easing tariffs on Chinese goods.

International Markets

US futures slip with European stocks; oil drops

Jan 17 2019 13:46

US equity futures and European shares fell on Thursday after edged lower after a mixed session in Asia as concerns about rising tension between US and China offset signs of a better-than-expected start to the earnings season.


Oil slips as record US production undermines OPEC+ supply cut

Jan 17 2019 12:29

Oil retreated below $52 a barrel as data showing record US crude production suggested markets may remain oversupplied despite output cuts by OPEC and its allies.

International Markets

Asia mixed as rally loses steam, Yen recovers

Jan 17 2019 09:08

The rally in risk assets faded on Thursday, with Asian stock indexes trading mixed and the yen recovering, as concerns about rising US-China tensions offset signs of a better-than-expected start to the earnings season.

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