JSE erases gains and closes lower

2017-07-21 18:02

Rand hedge stocks dragged the JSE All-Share Index lower after the rand strengthened significantly against the US dollar.

Zim stocks on four-year high as investors pile into equities

2017-07-21 15:55

Zimbabwean stocks have closed on a four-year high as investors continued to pile into the equities market amid limited investment options and currency concerns.

European stocks head for weekly drop

2017-07-21 14:14

European exporters have extended declines, sending benchmark stock indices toward their first weekly drop since June.

Asian stocks fall as focus shifts to Trump, Yellen after Draghi

2017-07-21 11:40

Asian equities have fallen for the first time in 10 days, as investors chose to take some profit off the table amid an investigation into US president Donald Trump.

Oil plods to weekly gain as OPEC faces dilemma

2017-07-21 09:44

Oil has edged toward its second weekly increase as OPEC and its allies prepare to review their plan to clear a global glut that hasn’t worked as they hoped.

Surprise rate cut is no death knell for resilient rand

2017-07-21 08:59

South Africa’s first interest rate cut in five years, and a surprise one at that, probably won’t be enough to break the rand’s resilience.

Stock markets climb as ECB calms investors

2017-07-21 07:42

Stock markets have extended a rally as the European Central Bank calmed investors signalling no imminent end to its bond-buying policy.

Brent Crude advances above $50 for first time in six weeks

2017-07-20 14:57

Oil has climbed above $50 a barrel in London for the first time in six weeks after further declines in US crude and gasoline inventories eased concerns over a global glut.

Stocks trade near record before ECB, dollar rises

2017-07-20 13:00

Central banks have once again been front and centre in global markets, with stocks trading near a record as investors await the ECB’s latest rate decision.

Asian stocks maintain gains as BoJ keeps rate

2017-07-20 09:51

Asian equities have maintained their rally, rising to the highest since 2007 as the Bank of Japan kept its monetary stimulus program unchanged.


Stocks fall, dollar sinks as politics take a toll

2017-07-21 16:03

US stocks have opened lower and the euro climbed to its strongest level against the dollar since January 2015.

All-share index reaches highest level this year

2017-07-21 14:22

The top shares on the JSE have continude to receive support from strong overseas markets, with the All-share index reaching a new 52-week high in morning trade.

Euro advance persists as politics sink dollar

2017-07-21 13:20

Bonds have gained and the euro has been headed for its strongest level against the dollar since January 2015 on bets the ECB will start tapering its stimulus program.

Euro's rally eyes 2015 high

2017-07-21 11:14

The euro has eyed its 2015 high as bets the European Central Bank will start unwinding its stimulus plan combined with broader US dollar weakness.

Zinc's rally set to endure as top producer predicts $3 000

2017-07-21 09:32

The rally in zinc prices has the potential to jump this year to levels not seen in a decade as demand continues to outstrip supply amid mine output disruptions.

Dollar stays weak on US politics, Aussie falls

2017-07-21 07:49

Stocks in Asia pared a back-to-back weekly advance while the dollar returned to its lowest in almost a year as investors assess an investigation into the US president that may stall his economic agenda.

US stocks steady with earnings after jobless data

2017-07-20 16:27

US stocks have been little changed after the S&P 500 climbed to a second successive record as investors follow earnings and economic data.

JSE runs out of steam as major indices drift lower

2017-07-20 14:32

After a promising run early in the session, the JSE has lost some of its momentum with major shares and indices decreasing slightly.

Pound pares decline after data shows UK retail sales rebound

2017-07-20 11:59

The pound has pared declines, clawing back from this week’s lowest level, after data showed that retail sales in the UK rebounded in June.

Oil holds gain near $47 after US stockpiles extend declines

2017-07-20 09:39

Oil has held gains near $47 a barrel as US crude and gasoline stockpiles extended declines, easing concerns over a global supply glut.

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