JSE inches higher on the back of Naspers and firmer gold prices

2017-06-23 18:22

The JSE closed firmer as gold mining stocks and Naspers propelled the local bourse higher.

JSE reverses earlier losses to close firmer

2017-06-21 18:21

The JSE closed in positive territory, while the rand was caught again in volatile trade as the US dollar lost some ground.

Rand jumps as Moody’s warns SA about Mining Charter

2017-06-21 11:24

The rand has lost ground as ratings agency Moody’s released a report criticising the Mining Charter, instantly jumping from R13.03 to R13.13 on the news.

JSE closes lower as dollar rebounds

2017-06-20 18:19

The JSE has reversed some of the gains recorded in the previous trading session, as it traded in the red for the greater part of Tuesday.

Dollar rises to 3-week high versus yen

2017-06-20 09:11

The dollar has risen to a three-week high against the yen as Asian investors carried on from their North-American peers in buying the greenback.

SA's crisis of confidence and the policy response

2017-06-19 22:00

An address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the CEEF Africa Annual Banquet in celebration of 21 years of leadership investment.

Dollar edges higher as traders look to charts for guidance

2017-06-19 12:17

The Bloomberg Dollar Spot Index has held its ground with many investors turning to technical charts to assess their next steps.

Pound rallies as BoE policy split deepens

2017-06-15 14:26

The pound has risen versus the euro and gilts fell after a surprise division within the Bank of England’s monetary-policy committee.

Rand breaks below R12.60/$ on poor US data

2017-06-14 15:19

The rand has strengthened almost 1.5% after US CPI and retail sales came out worse than expected.

Pound holds most losses as UK election sows uncertainty

2017-06-13 11:40

The pound has wallowed near two-month lows, unable to sustain a strong recovery from the shock election that saw Britain's ruling Conservatives lose their majority.


Rand strength sets tone for JSE slide

2017-06-22 17:51

The rand strengthened causing rand hedge stocks to trade under pressure, which dragged the overall index lower.

Pound drops to two-month low before queen's speech

2017-06-21 11:34

The pound has fallen below $1.26 for the first time in two months before beleaguered Prime Minister Theresa May lays out her legislative programme in Parliament.

Remember the dollar rally in 2014? It's the euro's turn

2017-06-21 08:55

Instead of betting on the dollar and better economic growth in the US, currency investors are coming to terms with the possibility that the dollar’s best days are behind it.

Pound drops as BoE's Carney says not yet time to raise rates

2017-06-20 11:12

The pound has fallen to a one-week low after Bank of England Governor Mark Carney said he is still worried about the impact Brexit will have on the UK economy.

Governor strikes back: SARB has duty to protect rand

2017-06-19 22:05

The South African Reserve Bank has a “constitutional mandate ... to protect the value of the currency in the interests of balanced and sustainable growth”, says governor Lesetja Kganyago.

Markets inch higher as rand weakens on Public Protector recommendation

2017-06-19 18:03

The rand weakened to just above R13 against the greenback after the Public Protector suggested that a process to change the Constitution to alter the SA Reserve Bank’s primary objective should be initiated.

Pound traders eye Brexit talks to shock it out of euro doldrums

2017-06-19 11:57

The formal start of Brexit negotiations may prove more of a catalyst for the pound than an inconclusive general election or a surprise hawkish shift by BoE officials.

Fed hike dents rand gains

2017-06-14 22:34

The rand has back-tracked from its strong R12.56/$-level, but still traded 0.9% firmer than its previous New York close as the Fed hike cancelled the gains on weak US data.

JSE recovers as Naspers rebounds from sell-off

2017-06-13 18:51

The JSE edged higher following the relief bounce in Tencent seen in Hong Kong. The move saw Naspers gain 0.70% and close at R2542.76

Pound slips further as UK election debacle fuels uncertainty

2017-06-13 07:43

The pound has wallowed around two-month lows, unable to bounce back from last week's shock election that saw UK's ruling Conservatives lose their majority, throwing the country into uncertainty.

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