Most indices on the JSE fell on Tuesday, with industrials spared the most of the carnage, as the market waited to see whether the US would withdraw from its nuclear deal with Iran.Currency markets, once again, gave the JSE its direction with a weaker rand hurting banking and financial stocks, while a stronger dollar weighed on miners.The local bourse spent the day lower, extending losses as US markets opened. US President Donald Trump is expected to announce his decision on Iran at 8pm local time. A withdrawal from the agreement, which is expected by many analysts, is set to put further pressure on the oil price.On Tuesday, Brent crude hovered below $76 a barrel, but any re-imposition of sanctions by the US could prompt global oil supply shortages, analysts said. The expectation of rising inflation in the US has recently buoyed the dollar, as markets gauge the prospect of faster monetary policy normalisation.While the risk for further rand weakness was clear, interest-rate differen...
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