Stocks react to oil slump, Trump, pound slides

2017-05-26 17:32

Global equity markets have headed lower as a slump in crude weighed on energy shares and President Donald Trump chided German producers.

JSE set to end week flat as strong rand dents dual-listed shares

2017-05-26 14:45

Share prices on the JSE have continued to move sideways and major indices will close the week almost unchanged, as the firm rand hurts demand for rand hedge shares.

Opec's failure to spell out its strategy will hurt

2017-05-26 13:55

Opec ministers have failed in their attempt to convince the market that they have a plan when they agreed to extend output cuts for another nine months.

Oil holds biggest loss in 3 weeks

2017-05-26 11:25

Oil has held its biggest loss in three weeks as OPEC’s move to prolong supply cuts for nine months disappointed investors hoping for more.

A year after Brexit, stock investors calm before UK vote

2017-05-26 09:34

After a year of watching political shocks stir markets, investors are anticipating that Britain’s election will pass peacefully, leaving intact a five-week rally in UK stocks.

Asian energy firms sink as Opec output deal disappoints

2017-05-26 07:43

Energy firms have taken a hit after crude prices plunged almost five percent the previous day as traders were left disappointed by Opec's latest output cuts.

JSE skids on firm rand and as SARB keeps rates on hold

2017-05-25 18:18

On the JSE, most of the blue chip stocks were trading in the red, led by rand hedge stocks which continued to slide due to the firmer rand.

JSE resources dip as rand nears two-month high

2017-05-25 13:15

Resources shares have been the big losers on the JSE as the rand extended gains to near a two-month high and the dollar stumbled on indications that the US will delay rate hikes.

Oil resumes gain toward $52 before OPEC meet

2017-05-25 09:13

Oil has climbed to a five-week high, nearing $52 a barrel before OPEC ministers meet in Vienna to decide on extending supply cuts.

Asian markets rally after Fed minutes, Opec meeting in focus

2017-05-25 07:36

Asian markets have risen as traders welcomed indications from the Fed that interest rates could rise next month, while oil prices rallied ahead of an expected extension to output cuts.


US stock rally falters, dollar gains as oil dips

2017-05-26 15:44

US stocks have stumbled after a six-day rally took them to all-time highs, while the dollar fluctuated with oil as investors assessed fresh US data.

European stocks falter on oil slump, pound slides

2017-05-26 13:59

A slump in crude has weighed on energy shares as global equity markets headed for a lower finish to the week. The British pound slid.

Yuan heads for best week since January in snub to Moody's cut

2017-05-26 12:24

The onshore yuan has headed for its strongest weekly gain against the dollar in four months amid speculation that China’s central bank has been intervening to support its currency.

European stocks falter on oil slum, pound slides

2017-05-26 11:17

A slump in crude has weighed on energy shares as global equity markets headed for a lower finish to the week. The British pound slid.

Pound falls as poll shows conservative lead narrows

2017-05-26 09:09

The pound has dropped after a poll showed the Conservative party’s lead narrowed.

Oil slump hits Asian energy stocks, pound slides

2017-05-26 07:38

A slump in crude has weighed on energy shares as most Asian equity markets headed for a lower finish to the week.

US stocks add to records, oil slips on OPEC

2017-05-25 15:41

US stocks have risen to fresh records amid optimism the Federal Reserve won’t move too swiftly to tighten monetary policy as the rate of economic growth falters.

Behind the Naspers share surge

2017-05-25 11:34

The Naspers share price has breached R2 800 for the first this week, causing investors to ask what is driving this surge and whether the share is over-valued.

China stocks soar, oil gains while dollar weakens

2017-05-25 08:57

The dollar has weakened to the lowest since November while stocks jumped, led by a rally in Chinese financial stocks.

Opec oil squeeze to remain, but will it lift prices?

2017-05-25 07:33

Oil producers within and outside Opec are expected to extend a deal cutting output aimed at lifting the price of crude, but US rivals could spoil the party.

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