Rand gains on rumours of possible Cabinet reshuffle

Most analysts believe that the budget speech did enough to stave off another downgrade by ratings agencies, while Ramaphosa looks set to make his first move on ...

Gold heads for its biggest weekly loss in 2018

Metal falls as the dollar climbs further from last week’s three-year low due to higher treasury yields

Global stocks subdued as dollar firms

Stronger greenback and slightly higher global borrowing costs keep world shares subdued and leaves gold limping toward its worst week since December

Oil slips as US output offsets Opec cuts

Brent edges weaker, under pressure from the concern that rising US oil output and exports will offset Opec-led attempts to erode stockpiles with output curbs

JSE rebounds in line with world markets

Investors are bargain hunting, after select stocks were pummelled earlier in the week following the release of their updates

Rand firms as fears of downgrades abate

But bearish BMI Research says it expects the rand’s ‘Ramaphosa rally’ to eventually recede, as opposition within the ANC is likely to hobble ...

Bonds slightly softer, but could firm further on stronger rand

The projected fiscal deficit falling to 3.5% GDP by 2020-21, is likely to have made SA’s government finances more palatable to the ratings agencies

WATCH: Stock picks — Tsogo Sun and BAT

Gerbrand Smit from NEFG Fund Managers talks to Business Day TV about Tsogo Sun and Greg Katzenellenbogen from Sanlam Private Wealth discusses BAT

Rand holds steady after eventful political week

The relatively stronger dollar tempered the initial positive market reaction to the budget on Wednesday

JSE opens firmer as concern about hawkish Fed stance eases

Local bourse is stronger on Friday morning, although troubled property stock Resilient has come under renewed selling pressure

Bonds track weaker rand, as market eyes Cabinet reshuffle

TreasuryOne currency dealer Phillip Pearce expects the local currency to remain range-bound until the announcement of any political developments

Don’t bank on the ‘Ramaphosa rally’ lasting too long, warns BMI Research

The research company expects the rand to weaken to R14.80/$ by 2019 ‘as attempts to implement reforms stall and weaknesses in the economy weigh on the ...

Oil dips as US crude exports weigh on sentiment

Brent edges lower as crude demand enters seasonal lows as the northern hemisphere comes out of winter

Gold set for its worst week in two-and-a-half months

Bullion slips further, with analysts remaining cautious on the metal over the short term as they believe the dollar rally still has some life left in it

Asian shares rebound as US rate fears wane

Equities in Asia recover after comments from a Federal Reserve official eased worries about faster rate rises in the US

JSE’s flood of results slows to a trickle on Friday

Companies scheduled to release results on Friday include Northam Platinum, flooring company Accentuate and liquor group Distell

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.