Rand 3% weaker after 'tsunami' of domestic, international events

2019-08-10 10:47

The rand lost 3% against the dollar this week and breached the R15/$ mark. On Thursday it reached a low of R15.20/$.

Stocks fall sharply after the Fed's first rate cut in more than 10 years

2019-08-01 10:07

The Fed lowered its benchmark interest rate on Wednesday, but investors were left cold by comments suggesting further easing may not be coming.

US payrolls rise, wages top estimates in jobs blowout

2019-01-04 15:55

US employers added the most workers in 10 months as wage gains accelerated and labour-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.

Treasuries may have to wait until after New Year for resolutions

2018-12-30 09:44

Perhaps the best that can be said of a painful year across financial markets is that there’s room for improvement in 2019.

Reserve Bank independence `not just an emerging-market concern' - Kganyago

2018-11-29 19:02

Threats to central bank independence are no longer just an “emerging-market phenomenon,” according to South African Reserve Bank Governor Lesetja Kganyago.

US Fed hike could put rand under pressure - analysts warn

2018-09-26 09:02

The rand, still holding firm, could breach the R14.40/$ mark say analysts.

IMF head: Trump good for US economy for now

2017-02-13 07:11

The head of the International Monetary Fund says US President Donald Trump taking office is likely good for the US economy in the short term.

Trump not as 'dangerous' as world expects - economist

2016-12-01 19:57

Markets have already priced in a moderate Trump policy and the effect is not as bad as people may think, an economist says.

Video
WATCH: The one thing the Fed should say, but doesn't

Bloomberg Gadfly's Lisa Abramowicz tells us why it's important for Janet Yellen and Fed officials to become more transparent about some of their conversations.

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In the markets: What to watch this week

2016-03-14 07:00

Last week the market was rather disappointed by announcements from European Central Bank president Mario Draghi. This week we’ll be looking out for some more important central bank announcement’s across the globe, including a US Fed interest decision on Wednesday and our own MPC meeting on Thursday.

 

Obama advisor Larry Summers warns the world is at 'most dangerous financial moment' since 2009 as global markets reel from trade war escalation

2019-08-06 12:26

Global markets have followed Wall Street into freefall following a recent escalation in the US-China trade war.

The US Fed isn't ruling out a rate hike this year

2019-04-10 21:28

America's Federal Reserve officials expect some aspects of the US economy to improve in the coming months and could still increase interest rates later in the year, minutes from its latest meeting revealed Wednesday.

Why life is getting harder for central banks

2019-01-04 06:15

The Fed is now being widely blamed for fueling financial market instability, it is probably only a matter of time until the European Central Bank finds itself in a similar position, writes Bloomberg columnist Mohamed A. El-Erian.

Trump voices confidence in Mnuchin, Fed amid drop in markets

2018-12-26 19:06

Donald Trump expressed confidence in the Treasury secretary, Federal Reserve and US economy, moving to calm financial markets further roiled after Bloomberg News reported that the president had discussed firing the central bank’s chairman over raising interest rates.

Rand surprises to firm after US Fed hikes rates

2018-09-27 07:38

The local currency strengthened after the US Federal Reserve Bank raised interest rates on Wednesday evening, although it had weakened marginally in early Thursday trade.

JSE bruised as mining stocks hit by new charter

2017-06-15 20:30

The JSE has closed significantly lower ahead of the long weekend, with mining stocks feeling the pain following the release of a redrafted mining charter.

Why SA won't see interest rate cuts soon

2017-01-17 19:04

The Sarb may keep rates unchanged at its next MPC meeting, and a rate cut may not come as soon as expected.

Volatile rand dives over Brexit as Fed silver lining emerges

2016-06-27 09:04

The rand has remained the worst-performing emerging market currency, but an analyst says there is a silver lining for the local unit.

In the markets: What to watch this week

2016-03-21 08:00

As many expected, the latest MPC meeting resulted in an increase in SA’s repo rate. We take a look at what happened in the global markets and what to look out for this week.

What to expect next in a bear market

2016-02-29 14:07

The broadest measure for global equity markets, the MSCI All Countries World Index, has officially indicated that we are now in a bear market. Contributor Petri Redelinghuys looks at the possible implications of this.

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