George Claassen asks if it was unfair to name Mallett at all in a case of alleged misconduct that clearly has no relevance to him?
In this issue, trader Petri takes an in-depth look at how a moving average convergence/divergence oscillator works – and what it can help indicate.
Reactions to the headlines about the trade war have become fickle as the tension has been drawn out, however there seems to be an elevated sense of optimism that the current talks will yield a partial deal.
All eyes are on the trade war as talks begin on Thursday and Friday, but could go on longer, depending on how they go.
The JSE retreated on Wednesday despite a broad-based rebound across the major global markets on the back of positive news from Chinese officials.
The local bourse eventually closed softer on Tuesday despite opening flat.
"It's a reflection of the trade war and uncertainty this has created among the Chinese authorities — they need to hedge their risks."
The local currency fell on news China may be reluctant to accept comprehensive trade deal with the Trump administration.
South African equities traders have had a busy week, but Friday's session came with a big rugby World Cup game in the middle of the day.
With the Chinese markets still closed for a holiday, the Hang Seng and Nikkei lost 0.19% and 0.49% respectively as they reacted to worse than expected US economic data.
With the United States earnings reporting season having kicked off today following the release of earnings from some of the major banks, investors shifted their focus to the health of the US companies.
The JSE also shrugged off earlier momentum from Chinese markets which rallied on the optimism of a partial trade deal. The rand held on to its gains as it peaked at a session high of R14.72/$ before it was recorded trading 0.01% firmer at R14.79/$ at 17:00.
The US government blacklisted the Chinese telecoms titan in May, banning US firms from doing business with it.
No one can predict the future. But, much like weather forecasting, past data points and patterns do provide portfolio managers with guidelines of how the future could potentially play out. And past patterns show that JSE earnings usually flourish when GDP growth does.
De-globalization could have a major impact on the global economy, as well as geopolitical stability.
Although the JSE All Share can certainly still see further declines, current data shows that the market isn’t that expensive any more – and that it now presents a buying opportunity.
The JSE bucks the trend in other global markets as it surged to close firmer on Monday.
Stocks on the JSE edged marginally higher after a difficult week of trading in which investors shunned riskier assets due to weak economic data.
The JSE closed weaker for a second consecutive session as global markets remained subdued due to weak economic data.
"Only a fool would attack 5% of global supplies," he told CBS. "The only strategic goal is to prove that they are stupid and that is what they did."
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