JSE weaker as global markets retreat

2019-04-25 18:23

The JSE closed weaker on Thursday on the back of broad-based weakness across most global equity indices.

US stocks slip from record as dollar advances

2019-04-24 16:19

US equities edged lower along with European stocks as investors assessed corporate earnings and economic data.

Oil jumps to highest level in almost 6 months

2019-04-22 13:53

Oil rose to the highest level in almost six months as the US government was said to eliminate sanction waivers that allowed buyers to import Iranian crude.

Oil falls after industry report shows jump in crude stockpiles

2019-03-06 13:20

Oil has declined after an industry report showed a massive increase in US crude stockpiles, ahead of more comprehensive data from the government.

JSE follows global equities down as EU issues growth warning

2019-02-07 17:50

The JSE tracked global markets to close weaker as concerns about a slowing global economy spread following an EU growth warning.

Oil slides as economic and supply fears offset Venezuela risk

2019-01-24 15:07

Oil has fallen as a darkening outlook for the global economy offset the risk of American sanctions on OPEC member Venezuela’s crude.

Oil set for longest weekly rally since October on OPEC's curbs

2019-01-18 11:04

Oil headed for its longest weekly rally in three months on easing concern over whether the OPEC+ coalition will follow through on its pledge to slash production.

Oil slips as record US production undermines OPEC+ supply cut

2019-01-17 12:29

Oil retreated below $52 a barrel as data showing record US crude production suggested markets may remain oversupplied despite output cuts by OPEC and its allies.

Saudi minister 'very optimistic' about oil market

2019-01-16 14:30

Saudi Energy Minister Khalid al-Falih says he was "very optimistic" about the outlook for the oil market after producers cut output to support flagging prices.

Oil retreats as risk appetite shrinks after rally to bull market

2019-01-14 15:55

Oil has extended its retreat as investor appetite for risk assets shrank and uncertainty persisted over how much OPEC output will need to be cut to counter booming US shale supplies.


Financials and resources drag the local bourse lower

2019-04-24 18:06

The JSE closed weaker on Wednesday mainly on the back of losses recorded across the industrials and financials indices.

JSE closes firmer as weaker rand lifts rand hedges

2019-04-23 18:33

The JSE eked out gains on Tuesday mainly on the back of gains recorded in resources and rand hedges which were buoyed by the weaker rand.

Oil rises after OPEC+ reaffirms commitment to production cuts

2019-03-19 16:03

Oil in New York rose to the highest level this year after OPEC and its partners agreed to go beyond their pledged supply curbs in the coming months.

Newmont Mining rejects Barrick Gold's R250 billion hostile-takeover bid

2019-03-04 18:14

Newmont Mining rejected Barrick Gold's hostile takeover bid on Monday. The merger of the two would have created the world's largest gold miner.

JSE breaks losing streak

2019-02-05 18:13

The JSE closed firmer on Tuesday as it took a leaf from European and US equities which were buoyant on the back of good corporate earnings out of the US.

Stocks mixed as rally stalls; yen declines

2019-01-23 09:34

Asian stocks traded mixed Wednesday as traders juggled continuing doubts about the prospects for progress on trade with signs of China stimulus and moves to end the US government shutdown.

US futures slip with European stocks; oil drops

2019-01-17 13:46

US equity futures and European shares fell on Thursday after edged lower after a mixed session in Asia as concerns about rising tension between US and China offset signs of a better-than-expected start to the earnings season.

Oil trades near $52 on signs of falling US crude inventories

2019-01-16 15:36

Oil fluctuated near $52 a barrel in New York amid signs that crude inventories fell again in the US, the world’s biggest consumer.

A drastic plunge in shipping to China is the latest horrible signal for its economy

2019-01-15 14:42

A slowdown in the rate at which commodities are being shipped to China suggests slowing demand for raw materials in the world's second economy.

Oil climbs for seventh day as trade talks fuel demand optimism

2019-01-09 06:25

Oil rallied for a seventh day as US negotiators touted progress in trade talks with China and investors gained faith that OPEC will shrink output.

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