Markets WRAP: Rand closes at R14.45/$

2018-12-14 08:10

The rand closed at R14.45 to the US dollar on Friday afternoon, after a day's range of R14.1804 - 14.4681.

European stocks rise despite UK political turmoil

2018-12-12 12:24

European stocks rose after news that British Prime Minister Theresa May will later face a no-confidence vote over her handling of Brexit negotiations.

WATCH: Pound hits 20-month low after Britain's May aborts Brexit vote

2018-12-11 13:36

Sterling has tumbled to its weakest since April 2017 after British Prime Minister Theresa May pulled a parliamentary vote on her Brexit deal with the EU.

Markets WRAP: Rand closes at R13.94/$

2018-12-07 08:46

The rand started out on the back foot in early trade on Friday morning but bounced back after the release of the US job data.

China stocks slump as Huawei shakes sentiment, drugmakers plunge

2018-12-06 14:35

A gauge of Chinese stocks in Hong Kong headed for its biggest two-day drop in 10 months as the arrest of Huawei Technologies' chief financial officer dealt fragile investor sentiment another blow and deepened uncertainty over China’s relations with the US.

Markets WRAP: Rand falls to R14.17 at close of day

2018-12-06 09:00

The major currencies are holding steady against the dollar, but EM currencies fell yesterday.

Asian markets tumble, China tech hit after Huawei arrest

2018-12-06 07:49

Shares across Asia plunged, with technology firms in Hong Kong and Shanghai battered after the arrest of a top executive at Chinese telecoms giant Huawei that has also fuelled fears about the recent China-US trade deal.

US stock futures rise as China vows to implement trade truce

2018-12-05 09:27

US stock-index futures rose in Asia after China said the trade meeting with the US was “very successful” and it is “confident” of implementing the results agreed upon at the talks.

Tokyo stocks open lower on worries over growth

2018-12-05 09:01

Tokyo stocks opened lower, following a plunge on Wall Street on worries about US economic growth and with investors cautious ahead of key US jobs data.

Tokyo stocks open lower on profit-taking after bull run

2018-12-04 07:51

Tokyo stocks opened lower on Tuesday despite hefty gains on Wall Street, as investors sought to lock in profits after seven days of gains on the Japanese market.

 

Pound rallies as UK PM May seen surviving confidence challenge

2018-12-12 16:00

The pound headed for the biggest gain in a month on increased confidence UK Prime Minister Theresa May will survive a leadership challenge, amid reports that she had the backing of a majority of Conservative Party Parliament members.

Pound keeps falling on Brexit quagmire; global stocks mixed

2018-12-12 08:09

The British pound fell again due to mounting uncertainty over Prime Minister Theresa May's Brexit plan, while European bourses advanced amid bargain-hunting.

Trade angst revival rattles emerging-market optimists

2018-12-08 12:30

Emerging-market stocks retreated as the arrest of Huawei’s chief financial officer and mixed messages from the Trump administration rekindled concern over a US-China trade war.

Asian markets tentatively higher at end of volatile week

2018-12-07 08:20

Asian investors battled to finish a volatile week with some stability as they weigh the outlook for China-US trade talks and uncertainty in oil markets, while looking ahead to the release of key US jobs data.

European stock markets slide further at open

2018-12-06 11:09

European stocks slid further at the start of trading following sharp losses the previous session.

Tokyo stocks open lower with few trading drivers

2018-12-06 07:55

Tokyo stocks opened lower amid lingering uncertainty over the US economic outlook with a lack of fresh market-moving events after a holiday in US markets.

EU pushes euro to break dollar dominance

2018-12-05 15:59

The EU commission presented its plan to reduce the dollar's overwhelming dominance of the global economy and to strengthen the role of the euro, particularly for energy transactions.

Markets WRAP: Rand ends the day at R13.82/$

2018-12-05 09:23

The rand started the day on the backfoot after the dollar firmed.

Markets WRAP: Rand closes at R13.73/$

2018-12-04 08:21

It was an eventful day for the rand - caught between the news that SA was no longer in recession and the National Assembly's vote on the Constitutional Review Committee's report on the expropriation of land without compensation.

Asian markets slip as China-US trade deal joy subsides

2018-12-04 07:45

Asian markets mostly dropped as the previous day's euphoria over the China-US trade ceasefire gave way to questions about whether the two can ultimately resolve their differences.

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