Markets WRAP: Rand closes at R14.44/$-continued

May 27, 2019--"The only shining light for our local unit can be that our newly elected president, Cyril Ramaphosa announces a Cabinet later in the week that can really turnaround SA and the slippery slope we're on," TreasuryONE said earlier.
view more

Source: FIN24

AFRICA ETP News
East Asia and Pacific: Growth Slows as Trade Tensions and Global Uncertainties Intensify
October 10, 2019--Growth in developing East Asian and Pacific economies is expected to slow from 6.3 percent in 2018 to 5.8 percent in 2019 and to 5.7 and 5.6 percent in 2020 and 2021, respectively, reflecting a broad-based decline in export growth and manufacturing activity.
read more
Renewed trade talks fail to lift JSE sentiment
October 9, 2019--The JSE retreated on Wednesday despite a broad-based rebound across the major global markets on the back of positive news from Chinese officials
read more
Global Uncertainty Continues to Slow Growth in Africa's Economies
October 9, 2019-Initiatives to empower poor people, girls and women are essential to progress
Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms, according to the 20th edition of Africa's Pulse, the World Bank's twice-yearly economic update for the region.
read more
Nigeria: Nigeria Stock Market Indices Slump Further By 0.45%
October 8, 2019--Activities on the nation's bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping further by 0.45 per cent.
read more
JSE slips as trade concerns spread
October 8, 2019--The local bourse eventually closed softer on Tuesday despite opening flat.
read more
IMF Staff Concludes Visit to Nigeria
October 8, 2019--A slow economic recovery is continuing, inflation is falling, and external buffers are declining in the face of increased portfolio outflows.
Elevated fiscal deficits rely on central bank financing, which complicates monetary policy.
Action on a coherent and coordinated set of policies is urgently needed to reduce vulnerabilities and increase growth over the medium term.
read more
Rand weakens on report China may play hardball with US
October 7, 2019--The local currency fell on news China may be reluctant to accept comprehensive trade deal with the Trump administration.
read more
JSE bucks global trend to close firmer
October 7, 2019--The JSE bucks the trend in other global markets as it surged to close firmer on Monday.
read more
Stocks slump further as growth fears rise
October 3, 2019--The JSE closed weaker for a second consecutive session as global markets remained subdued due to weak economic data.
read more
JSE tumbles as global growth fears spread
October 2, 2019--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.
read more
Nigeria: Why Nigeria's Economic Growth Is Slow-Report
October 2, 2019--The decline in government revenues and the slow and uneven growth in key sectors of the economy are key factors in the stagnation of the nation's economic development, an economic analysis conducted by the Centre for Democracy and Development (CDD) shows.
read more
Resources lift the JSE
October 1, 2019--With Chinese markets closed for a holiday, there was little sentiment filtering from that market. In Japan, the Nikkei eventually closed 0.59% firmer.
read more
Local bourse tracks Asian stocks lower
September 30, 2019--The greenback strengthened against a basket of major currencies which saw it peak as high as 99.46 index points on the US dollar index.
read more
Worst third quarter since 2011 halts SA stocks' ascent
September 27, 2019--Worries about global growth, the prolonged trade war and a moribund economy have stopped South African stocks in their tracks.
read more
Local markets close week in limbo
September 27, 2019--Equity markets have traded mixed on Friday as uncertainty around impeachment proceedings in the US continued to hold the market back.
read more
Local bourse firmer as blue chips rebound
September 26, 2019--The JSE edged higher on Thursday as most blue-chips rebounded following the slump recorded on Wednesday.
read more
Rand crashes through R15/$ as Trump lashes out, and China says it won't play 'Game of Thrones'
September 25, 2019--The local currency is very close to breaking through R15/$.
read more
JSE softer as global risks loom
September 25, 2019--The JSE fell on Wednesday amid a flurry of global political and growth risks which continue to erode confidence from skeptic investors.
read more
JSE tracks global stocks lower
September 23, 2019--The JSE stumbled on Monday as it followed international markets lower which retreated on the back of weaker economic data.
read more
Local bourse inches higher after slow start
September 20, 2019--The JSE pared earlier losses and climbed towards the end of the day to eventually close firmer on Friday.
read more
JSE flat as Reserve Bank keeps rates unchanged
September 19, 2019--Shares on the JSE tracked mostly lower on Thursday before closing softer as the Reserve Bank delivered its Monetary Policy Committee statement
read more
JSE slips as risks remain
September 17, 2019--In addition to that, markets were tentative ahead of the US Fed's interest rate decision which is expected to be announced on Thursday at 20.00 CAT.
read more
Markets WRAP: Rand closes at R14.60/$
September 16, 2019--Gold and other precious metals rallied on Monday after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.
read more
Local bourse brushes off global risks to close firmer
September 16, 2019--The JSE shrugged off the pessimism in other global indices as it surged higher on Monday.
read more