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Today's News

Markets turbulent, rand 4.8% weaker than pre-Gordhan recall news Tue, 28 Mar 2017 19:04:28 +0200

Day 2 of the trading week continues to see turbulent markets on the back of Pravin Gordhan's recallrdhan, with the rand 4.8% weaker from it's pre-debacle level.

JSE up in defiance of Zuma's shock Gordhan move Tue, 28 Mar 2017 14:11:13 +0200

Share prices on the JSE have been higher, with price movements driven by rand value rather than the uncertainties caused by Pravin Gordhan's recall from an investor roadshow.

Nervous rand steady under R13/$ on Gordhan saga Tue, 28 Mar 2017 10:23:44 +0200

The rand, still reeling from the president's order that Finance Minister Pravin Gordhan return to SA from an investor roadshow, has burst through the psychological R13/$ level.

Asian markets mostly higher after Wall Street sinks Tue, 28 Mar 2017 07:53:16 +0200

Asian stock markets have mostly been higher after Wall Street sank on worries the Trump administration might not do as much for businesses as once thought

Dollar, equities slide as Trump trade shows cracks Mon, 27 Mar 2017 15:53:30 +0200

US stocks have fallen with the dollar, while Treasuries rallied as investor doubts grew that US President Donald Trump will be able to implement his economic agenda.

Resources gain on rand tank amid Gordhan recall Mon, 27 Mar 2017 14:06:55 +0200

Resources and other dual-listed shares have been somewhat stronger as the rand tumbled after Finance Minister Pravin Gordhan was recalled from an international roadshow.

Rand plummets as Presidency cans Gordhan roadshow Mon, 27 Mar 2017 12:04:27 +0200

The rand has tanked after the Presidency instructed Finance Minister Pravin Gordhan and and his deputy to cancel an investment roadshow and return to South Africa immediately.

Rampant rand runs as TrumpCare fails Mon, 27 Mar 2017 10:25:50 +0200

US President Donald Trump’s health care reform failure and strong Eurozone data saw the rand lead emerging markets to reach new highs as the US dollar weakened.

Dollar, S&P 500 futures drop on health-care flop Mon, 27 Mar 2017 09:50:12 +0200

The dollar and US equity futures have accelerated declines and gold climbed with bonds as investors shunned risk assets.

Yen on comeback trail as momentum builds Mon, 27 Mar 2017 09:16:24 +0200

The most oversold Group-of-10 currency since the US election is making a comeback.

US stocks end mixed on health vote Sun, 26 Mar 2017 11:15:43 +0200

The Dow finished lower and the Nasdaq higher after a topsy-turvy session that culminated with a surprise decision to cancel a vote on President Donald Trump's health care replacement bill.

World equities wobble as Trump health bill vote dropped Sun, 26 Mar 2017 10:55:27 +0200

Investors have monitored a swirl of negotiations surrounding President Donald Trump's health care replacement bill, before the surprise decision to cancel the vote.

Rand caps gains as JSE drifts aimlessly Fri, 24 Mar 2017 14:12:21 +0200

Share prices on the JSE have once again been in limbo as the strong rand continues to put a cap on the big dual-listed shares.

Relentless rand 'a trifle overdone' Fri, 24 Mar 2017 10:57:54 +0200

While the rand rally has been relentless, analysts warn the local currency has been overextended and should consolidate.

Yen halts rally, stocks mixed before congress vote Fri, 24 Mar 2017 10:44:50 +0200

The yen has weakened for the first time in nine days while stocks were mixed before a key US vote on health care.

Oil falls amid record US stockpiles Fri, 24 Mar 2017 09:29:44 +0200

Oil has dropped as US crude supplies rose to an all-time high while investors await a meeting between OPEC and its allies.

Mighty rand dips below R12.50/$ Thu, 23 Mar 2017 19:12:51 +0200

The mighty rand has continued its rally, dipping below R12.50/$ for the first time in 20 months as it refused to follow the general risk-off sentiment.

JSE in limbo as world holds breath over Obamacare bill Thu, 23 Mar 2017 13:47:56 +0200

The JSE has been treading water, with major indices moving very little and volumes low as the world waits to see if President Donald Trump succeeds in rolling back Obamacare.

Global stock selloff eases as yen falls with gold Thu, 23 Mar 2017 10:53:26 +0200

A global equities selloff that spurred the biggest drop in shares since Donald Trump’s election have eased as investors stepped back before a key US vote on health care.

Rand cheers narrow deficit, easing CPI Wed, 22 Mar 2017 16:53:53 +0200

The rand hit 20-month lows following a boost from a narrow current account deficit and lower consumer price inflation.

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