Europe stocks pare drop on misinterpretation of Draghi comments Wed, 28 Jun 2017 15:32:14 +0200
European stocks have pared losses after comments by Eurosystem officials damped speculation that Mario Draghi had turned more hawkish.
JSE moves sideways as data confirms economy in dire straits Wed, 28 Jun 2017 12:33:45 +0200
Share prices on the JSE have again moved sideways, as newly-released local data confirmed what everyone is suspecting – the economy is in dire straits.
More precious than gold? Copper's the better inflation hedge Wed, 28 Jun 2017 12:32:05 +0200
Anyone who has bought gold as a hedge over the past 25 years missed out on a much better deal - copper.
Rand hurt by Draghi's tapering comments Wed, 28 Jun 2017 10:33:15 +0200
The rand spiked to R13.07/$ as tapering comments from European Central Bank president Mario Draghi continued to dent risk currencies.
Euro jumps, bonds fall on rate bet amid tech rout Wed, 28 Jun 2017 09:08:44 +0200
The euro has rallied to a one-year high and government bond yields jumped on the prospect of higher interest rates.
JSE closes in the green, pulled higher by mining stocks Tue, 27 Jun 2017 18:38:40 +0200
The local bourse edged higher in trading, pulled up by resource stocks.
US stocks, dollar fall amid IMF cut, oil rises Tue, 27 Jun 2017 16:34:31 +0200
The dollar has fallen and US stocks have slumped as a note of caution spread through financial markets, underscored by an IMF downgrade to its American growth forecast.
Resources up as JSE cheers bid to block new Mining Charter Tue, 27 Jun 2017 13:20:27 +0200
Resources and gold shares have pulled the JSE higher on news that mining companies have applied to the high court in Pretoria to block the controversial new Mining Charter.
Stocks drop, commodities rise; Draghi spurs euro Tue, 27 Jun 2017 12:19:34 +0200
A mood of caution has been evident in equity markets, with European stocks falling in a broad-based retreat.
Hong Kong small cap stock plunge wipes out $6.1bn in value Tue, 27 Jun 2017 11:30:59 +0200
A string of Hong Kong stocks have suddenly plunged, with traders pointing to links between some of the companies and a brokerage that’s under regulatory investigation.
Dollar gives up gains as eyes turn to Fed's Yellen Tue, 27 Jun 2017 10:02:11 +0200
The dollar has swung in Asian trade after a Fed Reserve official indicated it would hike interest rates further this year.
Global stocks mixed before Yellen, yuan surges Tue, 27 Jun 2017 09:41:22 +0200
Global stocks have been mixed as investors awaited an appearance by Federal Reserve Chair Janet Yellen for clues on the outlook for interest rates.
Iron ore outlook cut back by Morgan Stanley for rest of year Tue, 27 Jun 2017 08:47:57 +0200
Iron ore forecasts at Morgan Stanley have been chopped back for the remainder of the year, with the bank flagging prospects for rising low-cost production.
'Fat finger' shakes traders, but unlikely to stir gold Tue, 27 Jun 2017 07:42:43 +0200
Gold traders shaken awake by Monday’s rapid price plunge say the move probably won’t mean an end to the sleepy pace that’s characterised the market in recent months.
US stocks lifted as Italian plan boosts banks Mon, 26 Jun 2017 18:20:15 +0200
Wall Street stocks have risen in early trade, following European equities higher after an Italian bank rescue plan lifted European and US financial giants.
JSE treads water as market awaits domestic data Mon, 26 Jun 2017 13:17:55 +0200
Share prices have drifted mostly sideways with no news which could have an influence on sentiment, as the market waits for a spate of local economic data due this week.
European stocks jump as crude, Nestlé power gains Mon, 26 Jun 2017 12:45:00 +0200
European stocks have started the week on the front foot as catalysts including a rebound in crude propelled equities toward the biggest gain in five days.
Oil gains as biggest monthly loss in a year considered excessive Mon, 26 Jun 2017 12:08:12 +0200
Oil has risen, trimming its biggest monthly decline in almost a year, on speculation that its recent sell-off may have been excessive.
China's large caps surge to 2015 high Mon, 26 Jun 2017 10:08:10 +0200
China’s large-cap shares have extended their outperformance amid investor optimism about MSCI inclusion.
Global stocks advance as crude gains, Nestlé jumps Mon, 26 Jun 2017 12:08:01 +0200
Global stocks have advanced as Nestlé sparked a rally in European shares and oil climbed for a third straight session after entering a bear market.