The JSE all share fell 0.41% and the top 40 was down 0.22%, while banks dropped 3.09%
The MSCI world index was down 0.3%, with the Euro Stoxx 50 down 0.6% and US stock futures down by up to1.6%
The dollar strengthened this week, making dollar-denominated oil more expensive for holders of other currencies
JSE all share slides on Friday morning as rising Covid-19 cases in Europe and the US continue to weigh on sentiment
Nesan Nair from Sasfin Securities and independent analyst Chris Gilmour talk to Business Day TV
Viv Govender from Rand Swiss Offshore talks to Business Day TV about his stock pick of the day
Rabobank’s Carlos Mera talks to Business Day TV about the decline in soft commodities
MSCI’s broadest index of Asia-Pacific shares outside of Japan on track to end the week 1.3% lower after four straight weeks of gains
Oil prices on track for a second monthly fall on fears rise in Covid-19 cases will hit demand
Spot gold inches higher, but is on track for a third straight month of declines
A surge in Covid-19 numbers in the US and Europe has weighed on sentiment this week, while the US national election draws nearer
The JSE all share fell 0.79% and the top 40 0.74%, with banks faring the worst
Renewed lockdowns in France and Germany, among other countries, threaten demand with WTI down to a seven-week low
Concerns hit commodities too, with oil taking another 1.8% spill to leave it at its lowest since June
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV
Nick Kunze from Sanlam Private Wealth talks to Business Day TV about his stock pick of the day
Locally, markets will be watching the producer price inflation data for September due on Thursday
However, a strong dollar caps gains as economic uncertainty persists
Markets in the region have not been hammered like those in Europe and the US, where the coronavirus is surging
New restrictions to curb rising Covid-19 cases in the US and Europe are also keeping people off the roads
